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the design of the eurosystem's monetary policy instruments
Ulrike Neyer
(Autor)
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Physica-Verlag
· Tapa Blanda
the design of the eurosystem's monetary policy instruments - Neyer, Ulrike
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Reseña del libro "the design of the eurosystem's monetary policy instruments"
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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