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The Evolution of Monetary Policy Strategies in Europe (Hardcover, 2000 ed.)
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The Evolution of Monetary Policy Strategies in Europe (Hardcover, 2000 ed.)
Series: Financial and Monetary Policy Studies, 34
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The Evolution of Monetary Policy Strategies in Europe provides a
comprehensive review of the advances in European monetary
policy-making over the past decades. This book examines the
considerations that determine a central bank's monetary strategy
and explains how these considerations have featured in recent
European monetary history. In so doing, it establishes what
European monetary policy-makers have learned (or should have
learned) and how they learned it. At the same time, Aerdt Houben
maps out the rich monetary traditions that now flow together in the
new-born Eurosystem and provides important insight into a prime
influence on the system's decision-making, that is, the
participating countries' past experiences. The book's
distinctiveness lies in its sweeping coverage of policy
developments in the individual central banks of the European Union,
its penetrating analysis of the country-specific learning curves
and its balanced assessment of the viability of alternative
monetary policy strategies, including the strategy recently adopted
by the Eurosystem. It combines theoretical insights with an
in-depth empirical study of monetary policy design in Europe,
highlighting the specific features that have contributed to policy
success or failure. While the subject of monetary policy strategy
(especially that of the Eurosystem) is currently very topical, the
book's detailed information on how monetary policy has actually
been implemented in each of the 15 European Union countries makes
it a useful reference work with a long life-span.
General
Imprint: |
Springer
|
Country of origin: |
Netherlands |
Series: |
Financial and Monetary Policy Studies, 34 |
Release date: |
July 2000 |
First published: |
July 2000 |
Authors: |
Aerdt C.F.J. Houben
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Dimensions: |
235 x 155 x 22mm (L x W x T) |
Format: |
Hardcover
|
Pages: |
358 |
Edition: |
2000 ed. |
ISBN-13: |
978-0-7923-7869-3 |
Categories: |
Books >
Business & Economics >
Economics >
Macroeconomics >
Monetary economics
|
LSN: |
0-7923-7869-5 |
Barcode: |
9780792378693 |
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