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Can I read Monetary Policy Instruments for European Monetary Union on EtoBox?
Monetary Policy Instruments for European Monetary Union by Prof. Dr. Lukas Menkhoff (auth.) is a nonfiction available to read on EtoBox.
What is Monetary Policy Instruments for European Monetary Union about?
<p>The future European Central Bank needs monetary policy instruments which have yet to be agreed. At present, the range of instruments is very heterogeneous in the potential member states. This book offers a systematic analysis of the issue, considering general theoretical arguments as well as the concrete institutional situation in European countries. Taking the Bundesbank's instruments as the starting point, their rationale is discussed against the background of experience elsewhere. The theoretical and empirical treatment leads to several competing concepts. Taking the three goals of monetary efficiency, fair competition and decentralization establishes a strong case for the use of "standing facilities" and to a lesser extend "reserve requirements", albeit modified and brought up-to-date.</p>
Who reads Monetary Policy Instruments for European Monetary Union?
It is typically read by self-directed learners exploring a subject in depth.
Common subject areas: history, science, philosophy, social sciences.
- Author
- Prof. Dr. Lukas Menkhoff (auth.)
- Publisher
- Springer-Verlag Berlin Heidelberg
- Published
- 1997
- Language
- EN
- ISBN
- 9783540624547
- Category
- nonfiction
- Subjects
- Economics, Finance, Business
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