Understanding Central Banks

Issues related to central banks feature regularly in economic news coverage, and in times of economic or financial crisis, especially when a commercial bank is bailed out, they become the focus of the policy debate. But what role do central banks play in a modern economy? How do central banks wield...

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Bibliographic Details
Main Author: Herger, Nils (Author, http://id.loc.gov/vocabulary/relators/aut)
Corporate Author: SpringerLink (Online service)
Format: Electronic eBook
Language:English
Published: Cham : Springer International Publishing : Imprint: Springer, 2019.
Edition:1st ed. 2019.
Subjects:
Online Access:Full Text via HEAL-Link
Table of Contents:
  • Introduction
  • A Brief History of Central Banks
  • Money: Lubricant of the Economy
  • Monetary-policy Instruments
  • Money, Credit, and Banking
  • The Initial and Final Effects of Monetary Policy on Inflation, Output, and (Un)employment
  • Central-bank Independence
  • International Monetary Policy
  • Final chapter: The Past, Present, and Future of Central Banking. .