The Design of the Eurosystem's Monetary Policy Instruments - Contributions to Economics (Hardback)Ulrike Neyer (author)
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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.
Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Number of pages: 179
Weight: 408 g
Dimensions: 235 x 155 x 13 mm
Edition: Revised ed.
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