The evolution of monetary policy and banking in the US

A concise analysis of the evolution of monetary policy and banking institutions over the past sixty years that stresses the dynamic interactions between the Federal Reserve and banking institutions that resulted from financial market innovations. Institutions were influenced by increasing competition in markets and monetary ...

Money, financial intermediation and governance

Dino Falaschetti and Michael Orlando unify the treatment of the many deeply related topics in money and banking in this wide-ranging book. By continually building on the assumption that economic actors are maximizers, they explain how monetary and financial services, as well as related governance ...

Le syndrome de la monnaie

vers une économie de marcgé sans crise

Le syndrome de la monnaie Vers une économie de marché sans crise Ce livre, contraire aux conventions puisqu'il ne parle que d'argent, informe, dans un langage clair et intelligible, aussi bien le profane que l'initié, sur le rôle que joue la monnaie ...

Exchange rates and international finance

The international landscape of the world economy changes with each edition of Exchange Rates and International Finance. None more so, however, than with publication of the fifth edition at a time when the world is moving away from dollar and Euro domination and newly- important ...

El dinero como empresa privada: un sistema monetario apolítico. El nuevo enfoque de la libertad

E. C. Riegel (1879-1953), abogado de los consumidores y estudioso independiente del dinero, confió siempre en que las mejoras de base en el sistema del comercio harían más por la libertad y el bienestar individual que cualquier reforma política. En el centro de estas mejoras ...

Modern perspectives on the gold standard

Eds. Tamim Bayoumi, Barry Eichengree, Mark P. Taylor. ------------------------------------------------------------------------ ------------------------------------------------------------------------ ------------------------------------------------------------------------ Currency crises in Europe and Mexico during the 1990s provided stark reminders of the importance and the fragility of international financial markets. These experiences led some commentators to conclude that open international capital markets are incompatible with ...

Central banks as economic institutions

Ed. Jean-Philippe Touffut. ------------------------------------------------------------------------ -------------------------------------------------------- ----------------------------------------------------------------The number of central banks in the world is approaching 180, a tenfold increase since the beginning of the twentieth century. What lies behind the spread of this economic institution? What underlying process has brought central banks to hold such a key ...

International economic indicators and central banks

This book presents an in-depth look at the investment implications of international indicators and foreign central banks. This book fills a major information void on measures of international economic performance. It discusses how major industrial countries measure and report their national economic performance information and ...

Monetary regimes and inflation

history, economic and political relationships

This book explores the characteristics of inflations, comparing historical cases from Roman times up to the modern day. High and moderate inflations caused by the inflationary bias of political systems and economic relationships - and the importance of different monetary regimes in containing them - are analysed ...

Advances in monetary policy and macroeconomics

There have been important advances in monetary economics and macroeconomics recently. In macroeconomics there has been the paramount development of the New Consensus Macroeconomics along with significant policy implications, thereby giving rise to the notion of New Monetary Policy. This book deals with the key ...

Central Bank reserve management

new trends, from liquidity to return

This book addresses the welfare gains and costs of accumulating foreign exchange reserves and the implications for the functioning of the global financial system. The tremendous growth of central bank reserves has led to an increased focus on raising returns in addition to the traditional ...

Gold

the once and future money

This is a fresh look at the most important investment trend of the early 21st century. Many view the current bull market in gold as a flash in the pan, doomed to fizzle. "Au contraire," say bestselling author Addison Wiggin and award winning analyst Justice ...

The Euro and the dollar in a globalized economy

The dollar has been the dominant currency of the world economy for almost a century; since 2002, the euro has gained widespread international acceptance resulting in important institutional, economic and financial changes both for the euro zone, the United States and the world economies, affecting ...

Methods for applied macroeconomic research

The last twenty years have witnessed tremendous advances in the mathematical, statistical, and computational tools available to applied macroeconomists. This rapidly evolving field has redefined how researchers test models and validate theories. Yet until now there has been no textbook that unites the latest methods ...

Monetary integration in Europe

The European Economic and Monetary Union comprises twelve member states and forms a currency area of considerable size and, until now, remarkable stability. Still, however, discussion is going on whether it can survive as an institution providing the highest degree of monetary integration which is ...

The demand for money

theoretical and empirical approach

This book provides an account of the existing literature on the demand for money. It shows how the money demand function fits into static and dynamic macroeconomic analyses and discusses the problem of the definition (aggregation) of money. Professor Serletis takes a microeconomic- and aggregation-theoretic ...

Regaining Europe

an Economic Agenda for the 21st Century

The international economist Professor George Irvin argues that if the Euro is to survive, it needs to be run in a more sophisticated and flexible manner. Irvin believes that when the governing structures of the Euro were set up in the early 1990s, European governments ...

The role of policymakers in business cycle fluctuations

The book's central theme is that a policymaker's role is to enhance the public's ability to co-ordinate their price information, price expectations, and economic activities. This role is fulfilled when policymakers maintain inflation stability. Inflation persists less when an implicit or explicit ...

La Banca Centrale Europea

Nata nel 1998, dopo un lungo lavoro di preparazione e sancita formalmente nel Trattato di Maastricht, la Banca centrale europea è un organo indipendente e sovranazionale che ha lo straordinario potere di creare moneta e stabilire il tasso al quale questa viene data e presa ...

Monetary and wage policies in the Euro area

This book studies the interactions between monetary and wage policies in the euro area. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on competition between the European central bank, the American central ...