000 03323cam a2200313 a 4500
001 16044773
005 20141211115523.0
008 100107s2010 xxuad frb f001 0 eng d
010 _a2010000464
020 _a9780521199292 (hbk)
020 _a0521199298 (hbk)
040 _aDLC
_cDLC
_dYDX
_dBTCTA
_dYDXCP
_dCDX
_dBWX
_dUBY
_dOKU
_dBWK
_dDLC
_dEG-ScBUE
082 0 0 _a332.11
_222
_bCHA
245 0 0 _aChallenges in central banking :
_bthe current institutional environment and forces affecting monetary policy /
_cedited by Pierre L. Siklos, Martin T. Bohl, Mark E. Wohar.
260 _aNew York, United States :
_bCambridge University Press,
_c2010.
300 _axviii, 398 p. :
_bcharts, tables ;
_c24 cm.
500 _aIndex : p. 393-398.
504 _aIncludes bibliographical references.
505 0 _aThe state of play in central banking and the challenges to come / Pierre L. Siklos, Martin T. Bohl and Mark E. Wohar-Is the time ripe for price level path stability ? / Vitor Gaspar, Frank Smets and David Vestin-The principal-agent approach to monetary policy delegation / Georgios E. Chortareas and Stephen M. Miller-Implementing monetary policy in the 2000s : operating procedures in Asia and beyond / Corrinne Ho -- Analysis of financial stability / Charles A.E. Goodhart and Dimitri P. Tsomocos-National central banks in a multi-national system / David G. Mayes and Geoffrey E. Wood-The complex relationship between central bank independence and inflation / Bernd Hayo and Carsten Hefeker-Independence and accountability in supervision : comparing central banks and financial authorities / Donato Masciandaro, Marc Quintyn and Michael W. Taylor -- The economic impact of central bank transparency : a survey / Carin van der Cruijsen and Sylvester C.W. Eijffinger -- How central banks take decisions : an analysis of monetary policy meetings / Philip Maier-Institutional rules and the conduct of monetary policy : does a central bank need governing principles ? / Pierre L. Siklos.
520 _a"Changes in the field of central banking over the past two decades have been nothing short of dramatic. Moreover, they have spanned the globe. They include the importance of central bank autonomy, the desirability of low and stable inflation, and the vital role played by how central banks communicate their views and intentions to the markets and the public more generally. There remains considerable diversity nevertheless in the institutional framework affecting central banks, the manner in which the stance of monetary policy is determined and assessed, and the forces that dictate the conduct of monetary policy more generally. The global financial crisis, which began in the United States in 2007, only serves to highlight further the importance of central bank policies. The aim of this volume is to take stock of where we are in the realm of the practice of central banking and considers some of the implications arising from the ongoing crisis"-Provided by publisher.
650 0 _aBanks and banking, Central
_936638
650 0 _a Monetary policy
_95608
653 _bBUSADM
_cDecember2014
655 _vreading book
_934232
700 1 _aSiklos, Pierre L.,
_d1955-
_936639
_eeditor.
700 1 _aBohl, Martin T.
_936640
_eeditor.
700 1 _aWohar, Mark E.
_936641
_eeditor.
942 _2ddc
_k332.11 CHA
999 _c18754
_d18726