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Item Details
| Title:
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MONETARY POLICY IN THE EURO AREA
STRATEGY AND DECISION-MAKING AT THE EUROPEAN CENTRAL BANK |
| By: |
Otmar Issing, Vitor Gaspar, Ignazio Angeloni |
| Format: |
Hardback |
| List price:
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£100.00 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
0521783240 |
| ISBN 13: |
9780521783248 |
| Publisher: |
CAMBRIDGE UNIVERSITY PRESS |
| Pages: |
210 |
| Description: |
A non-technical analysis of the monetary policy strategy, institutions and operational procedures of the Eurosystem, first published in 2001. |
| Synopsis: |
How and for whose benefit the European Central Bank (ECB) will work is the most important issue facing Europe, and has been the subject of vast media and academic interest which has already spawned a vast literature of discussion papers in the academic literature, and 'Euro Watch' features. Much of this discussion has been of an increasingly hysterical and political nature and has served to blur rather than inform. This book, written by a team at the ECB, including Otmar Issing the ECB's Chief Economist, provides the first comprehensive, inside, non-technical analysis of the monetary policy strategy, institutional features and operational procedures of the Eurosystem. The goals and the transmission mechanism of monetary policy are explored, as are the theoretical and empirical results underpinning the 'stability-oriented monetary policy strategy' adopted by the ECB. The characteristics of this strategy are also discussed in comparison with suggested alternatives. |
| Illustrations: |
20 figures |
| Publication: |
UK |
| Imprint: |
Cambridge University Press |
| Returns: |
Returnable |
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