Monetary and fiscal policies in EMU

interactions and coordination

Europe#s Economic and Monetary Union (EMU) is unlike any other case of monetary unification in history. Here, sovereign countries retain a large degree of fiscal autonomy while monetary policy is centralised and entrusted to an independent central bank - the European Central Bank - with a ...

The governance of public and non-profit organisations

what do boards do?

Ed. Chris Cornforth. Governing boards play a crucial role in ensuring that public and non- profit organizations are publicly accountable and perform well. Until now, there have been relatively few detailed empirical studies of what boards do in practice, but this book fills that gap ...

Economics of exchange rates

In the last few decades exchange rate economics has seen a number of developments, with substantial contributions to both the theory and empirics of exchange rate determination. Important developments in econometrics and the increasingly large availability of high-quality data have also been responsible for stimulating ...

The chastening

inside the crisis that rocked the global financia system and humbled the IMF

An author who tries to write an engaging book about the International Monetary Fund faces a daunting task. Who besides devoted readers of The Financial Times would want to read it? With The Chastening, however, Paul Blustein offers a remarkably accessible account of this off-putting ...

Monetary economics

This textbook seeks to break new ground in developing an integrated and comprehensive overview of advanced monetary economics. It achieves this by integrating the presentation of monetary theory with its heritage, empirical formulations and their empirical tests. Rather than confine the coverage to the demand ...

El Banco Central

teoría y práctica

Alan S. Blinder ofrece la doble perspectiva de un destacado macroeconomista académico que llegó a vicepresidente de la Junta de la Reserva Federal, el comité ejecutivo del banco central de Estados Unidos. En este puesto practicó lo que había estado predicando desde hacia tiempo y ...

The theory of money and financial institutions

Volume 2

This is the second volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process- oriented ...

La economía monetarista

Los ensayos de este volumen ofrecen la esencia de los temas y conceptos que constituyen la teoría de Milton Friedman, máximo exponente de la Escuela de ciencias económicas de Chicago. En las discusiones sobre la alternativa entre decisiones macroeconómicas de cuño keynesiano y medidas de ...

La organización del dinero en el mundo

la economía política de las relaciones monetarias internacionales

El manejo del dinero -instrumento de cambio, unidad de cuenta y conservador de valor- es regulado por el sistema monetario que, a su vez, opera dentro del marco legal y convencional del orden internacional. Adhiriéndose a la noción de la economía política como normadora de ...