The European Central Bank Credibility, Transparency, and Centralization

Afbeeldingen

Artikel vergelijken

  • Engels
  • Hardcover
  • 9780262042260
  • 15 april 2005
  • 288 pagina's
Alle productspecificaties

Samenvatting

An examination of the debates on European Central Bank monetary policy, focusing on issues of transparency, credibility, and accountability and the effect of the ECB's decentralized structure. The adoption of the euro in 1999 by 11 member states of the European Union created a single currency area second in economic size only to the United States. The euro zone's monetary policy is now set by the European Central Bank (ECB) and its Governing Council rather than by individual national central banks. This CESifo volume examines issues that have arisen in the first years of ECB monetary policy and analyzes the effect that current ECB policy strategy and structures may have in the future. After a detailed description and assessment of ECB monetary policy making that focuses on such issues as price stability and the predictability of policy decisions, the book turns to two important issues faced by European central bankers: the transparency and credibility of decision making and the ECB's decentralized structure. After showing that transparency in decision making enhances credibility, the book discusses the ECB's efforts at openness, its political independence as guaranteed by law, and its ultimate accountability. The book then considers the effects of the decentralized ECB structure, focusing on business cycle synchronization, inflation differentials, and differences in monetary policy transmission in light of the enlargement of the monetary union. The book also discusses options for ECB institutional reforms, including centralization, vote weighting, and cross-border regional banks.

Productspecificaties

Inhoud

Taal
en
Bindwijze
Hardcover
Oorspronkelijke releasedatum
15 april 2005
Aantal pagina's
288
Illustraties
Nee

Betrokkenen

Hoofdauteur
Jakob De Haan
Co Auteur
Sandra Waller
Hoofdredacteur
Clemens Fuest
Hoofduitgeverij
Mit Press Ltd

Vertaling

Originele titel
The European Central Bank: Credibility, Transparency, and Centralization

Overige kenmerken

Editie
illustrated edition
Extra groot lettertype
Nee
Product breedte
159 mm
Product hoogte
25 mm
Product lengte
238 mm
Studieboek
Ja
Verpakking breedte
152 mm
Verpakking hoogte
27 mm
Verpakking lengte
229 mm
Verpakkingsgewicht
499 g

EAN

EAN
9780262042260

Je vindt dit artikel in

Studieboek of algemeen
Studieboeken
Taal
Engels
Boek, ebook of luisterboek?
Boek
Nog geen reviews

Kies gewenste uitvoering

Bindwijze : Hardcover

Prijsinformatie en bestellen

Niet leverbaar

Ontvang eenmalig een mail of notificatie via de bol app zodra dit artikel weer leverbaar is.

Houd er rekening mee dat het artikel niet altijd weer terug op voorraad komt.

Vaak samen gekocht

Lijst met gekozen artikelen om te vergelijken

Vergelijk artikelen