Custom cover image
Custom cover image

Money markets and politics : a study of European financial integration and monetary policy options / Jens Forssbaeck, Lars Oxelheim

By: Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: Edward Elgar E-Book ArchivePublisher: Cheltenham ; Northampton, Mass : E. Elgar, 2003Description: 1 Online-Ressource (x, 290 p) : illISBN:
  • 9781781950197
Subject(s): Additional physical formats: 1843764458 | 9781843764458 (hardback) | Erscheint auch als: 9781843764458 (hardback) Druck-Ausgabe | Elektronische Reproduktion von: Money markets and politics. Cheltenham [u.a.] : Elgar, 2003. X, 290 SDDC classification:
  • 332.4/94 21
RVK: RVK: QK 640 | QM 333LOC classification:
  • HG925
DOI: DOI: 10.4337/9781781950197Online resources: Summary: The dramatic evolution of financial markets in the 1980s and 1990s, accompanied by increasing institutional integration between nations (most notably in the EU), have fostered a widespread belief that governments - particularly those of small economies - have essentially lost the power to pursue sovereign, independent economic policies. At the same time, it is widely assumed that the loss of monetary-policy control is a major opportunity cost for a country adopting a rigid exchange-rate regime or, in the European context, for countries joining the EMU This book sheds light on these argumentsSummary: 1. Introduction -- 2. Background indicators of economic and financial development and integration -- 3. Money market formation and transformation -- 4. Money market development and monetary policy operations -- 5. External arrangements : exchange rate regimes and capital controls -- 6. Measuring capital mobility : the degree of direct money market integration -- 7. Monetary policy autonomy under different institutional regimes -- 8. Money market development and monetary policy options : concluding remarksPPN: PPN: 1023439174Package identifier: Produktsigel: ZDB-1-EWE | ZDB-1-EWE-ebook
No physical items for this record
KIT – The University in the Helmholtz Association                         Home | Legals | Privacy policy | KIT