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The Design of the Eurosystem's Monetary Policy Instruments (Contributions to Economics)

Ulrike Neyer




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 | #4456166 in eBooks |  2007-09-08 |  2007-09-08 | File type: PDF

||0 of 0 people found the following review helpful.| Recomended for monetary policy makers|By Johnson Jossia Nyella|Good reading for those who would like to understand the practical issues of monetary policy. it gives insight to one of the most recent design of monetary policy instruments and conduct.|From the Back Cover||The creation of a single monetary currency and a single monetary policy in the euro area has faced extraordinary challenges, among them the design of suitable monetary policy instruments. This book evaluates monetary policy instruments of th

The creation of a single monetary currency and a single monetary policy in the euro area has faced extraordinary challenges, among them the design of suitable monetary policy instruments. This book evaluates monetary policy instruments of the Eurosystem against a number of requirements. To do so, a theoretical model framework is developed which brings together the monetary policy activities of a central bank and the liquidity management of banks considering the main c...

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