The design of the Eurosystem's monetary policy instruments

Autori

• Ulrike Neyer

Parametri

• Libri di testo
• Libri di testo universitari
• Contributions to economics

Maggiori informazioni sul libro

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 characteristics and institutional features of the euro area.

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Lingua: Inglese

Pubblicato: 2007