Central Banks at a Crossroads: What Can We Learn from History?Michael D. Bordo, Øyvind Eitrheim, Marc Flandreau, Jan F. Qvigstad Cambridge University Press, 09.06.2016 Throughout their long history, the primary concern of central banks has oscillated between price stability in normal times and financial stability in extraordinary times. In the wake of the recent global financial crisis, central banks have been given additional responsibilities to ensure financial stability, which has sparked intense debate over the nature of their role. Bankers and policy makers face an enormous challenge finding the right balance of power between the central bank and the state. This volume is the result of an international conference held at Norges Bank (the central bank of Norway). International experts and policy makers present research and historical analysis on the evolution of the central bank. They specifically focus on four key aspects: its role as an institution, the part it plays within the international monetary system, how to delineate and limit its functions, and how to apply the lessons of the past two centuries. |
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Seite iii
... Capie, The Bank of England: 1950s to 1979, 2010 Aldo Musacchio, Experiments in Financial Democracy: Corporate Governance and Financial Development in Brazil, 1882–1950, 2009 Claudio Borio, Gianni Toniolo, and Piet Clement, Editors, The ...
... Capie, The Bank of England: 1950s to 1979, 2010 Aldo Musacchio, Experiments in Financial Democracy: Corporate Governance and Financial Development in Brazil, 1882–1950, 2009 Claudio Borio, Gianni Toniolo, and Piet Clement, Editors, The ...
Seite iv
... Capie, Editors, Monetary Regimes in Transition, 1993 Larry Neal, The Rise of Financial Capitalism, 1993 S. N. Broadberry and N. F. R. Crafts, Editors, Britain in the International Economy, 1870–1939 1992 Continued after Index Central ...
... Capie, Editors, Monetary Regimes in Transition, 1993 Larry Neal, The Rise of Financial Capitalism, 1993 S. N. Broadberry and N. F. R. Crafts, Editors, Britain in the International Economy, 1870–1939 1992 Continued after Index Central ...
Seite vii
... Capie, Geoffrey Wood, and Juan Castañeda 6 Fighting the Last War: Economists on the Lender of Last Resort Richard S. Grossman and Hugh Rockoff 7 A Century and a Half of Central Banks, International Reserves, and International Currencies ...
... Capie, Geoffrey Wood, and Juan Castañeda 6 Fighting the Last War: Economists on the Lender of Last Resort Richard S. Grossman and Hugh Rockoff 7 A Century and a Half of Central Banks, International Reserves, and International Currencies ...
Seite x
... Capie is a Professor Emeritus of Economic History at the Cass Business School City University, UK. Selected publications include: The future of central banking: the tercentenary symposium of the Bank of England (1994, with C. Goodhart ...
... Capie is a Professor Emeritus of Economic History at the Cass Business School City University, UK. Selected publications include: The future of central banking: the tercentenary symposium of the Bank of England (1994, with C. Goodhart ...
Seite xi
... Capie, S. Fischer and N. Schnadt), The Central Bank and the Financial System (1995) and “Lessons for monetary policy from the Euro-area crisis”, Journal of Macroeconomics (2013). Richard S. Grossman is a Professor of Economics at the ...
... Capie, S. Fischer and N. Schnadt), The Central Bank and the Financial System (1995) and “Lessons for monetary policy from the Euro-area crisis”, Journal of Macroeconomics (2013). Richard S. Grossman is a Professor of Economics at the ...
Inhalt
8 | |
18 | |
An Historical and Quantitative | 62 |
The Coevolution of Money Markets and Monetary Policy | 177 |
Central Bank Independence in Small Open Economies | 195 |
Economists on the Lender of Last | 231 |
A Century and a Half of Central Banks International | 280 |
Perspectives from Emerging Economies | 387 |
From | 424 |
Historical Perspectives | 493 |
The Evolving | 563 |
Lessons Learnt from | 610 |
A Practitioners | 627 |
Index | 673 |
Andere Ausgaben - Alle anzeigen
Central Banks at a Crossroads: What Can We Learn from History? Michael D. Bordo,Øyvind Eitrheim,Marc Flandreau,Jan F. Qvigstad Eingeschränkte Leseprobe - 2016 |
Central Banks at a Crossroads: What Can We Learn from History? Michael D. Bordo,Øyvind Eitrheim,Marc Flandreau,Jan F. Qvigstad Keine Leseprobe verfügbar - 2020 |
Häufige Begriffe und Wortgruppen
asset price Bagehot balance sheet Banco Bank of Amsterdam Bank of England bank’s bankers banking system Banque de France Bernanke bills boom Bordo Borio Bretton Woods Bretton Woods system bubble Capie capital central bank credibility central bank independence coin collateral countries crises currency deflation deposits developed discount rate dollar Economic History Eichengreen emerging market European example failure Federal Reserve Bank financial crisis financial markets financial stability financial system fiscal Flandreau foreign exchange foreign exchange markets Friedman and Schwartz funds global gold standard government debt inflation rates inflation targeting interest rates international monetary Journal last resort lender of last lending liabilities liquidity loans LOLR London low inflation market rates monetary policy money market nineteenth century Norges Bank open market operations panic paper payment system percent period price stability public banks Reichsbank risk role sector shocks Siklos small open economies standing facility sterling Treasury World