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Understanding Central Banks

Herger, Nils.

Understanding Central Banks

Record Type:	Electronic resources : Monograph/item
Title/Author:	Understanding Central Banksby Nils Herger.
Author:	Herger, Nils.
Published:	Cham :Springer International Publishing :2019.
Description:	xi, 200 p. :ill., digital ;24 cm.
Contained By:	Springer eBooks
Subject:	Banks and banking, Central.
Online resource:	https://doi.org/10.1007/978-3-030-05162-4
ISBN:	9783030051624$q(electronic bk.)

Understanding Central Banks
Herger, Nils.

Understanding Central Banks[electronic resource] /by Nils Herger. - Cham :Springer International Publishing :2019. - xi, 200 p. :ill., digital ;24 cm.

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.

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 influence over the financial system and the broad economy? Through which channels does monetary policy impact macroeconomic fundamentals such as inflation or unemployment? For example, how does a central bank alter the money supply? What are the benefits of central bank independence, and what are the up- and downsides of having a common currency? This book provides easily accessible answers to these and other questions associated with central banking.

ISBN: 9783030051624$q(electronic bk.)

Standard No.: 10.1007/978-3-030-05162-4doiSubjects--Topical Terms:

187156
Banks and banking, Central.

LC Class. No.: HG1811 / .H474 2019

Dewey Class. No.: 332.11

Understanding Central Banks
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245 1 0 $a Understanding Central Banks $h [electronic resource] / $c by Nils Herger.
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505 0 $a 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.
520 $a 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 influence over the financial system and the broad economy? Through which channels does monetary policy impact macroeconomic fundamentals such as inflation or unemployment? For example, how does a central bank alter the money supply? What are the benefits of central bank independence, and what are the up- and downsides of having a common currency? This book provides easily accessible answers to these and other questions associated with central banking.
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