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The History of the Bundesbank: Lessons for the European Central Bank (Routledge International Studies in Money and Banking)
 
 

The History of the Bundesbank: Lessons for the European Central Bank (Routledge International Studies in Money and Banking) [Hardcover]

Jakob De Haan (Editor)

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Book Description

0415217237 978-0415217231 June 1, 2000 1
After fifty years the Deutsche Bundesbank - the central bank that dominated European monetary affairs - has stepped down to entrust monetary policy to the European Central Bank (ECB). This is the first research work to thoroughly explore the lessons to be learned from the Bundesbank by the ECB, in areas such as price stability and political interference.

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Editorial Reviews

Review

'The authors in this book are all experts in this field, and their perspective is refreshingly interdisciplinary, linking political science and economics. In this book they fill a marked gap in research literature.' - European Foundation For Management Development

'This volume is a truly rich source for further studies.' - Weltwirtschaftliches Archiv

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Inside This Book (learn more)
First Sentence:
After a most successful 50 years, at the prime of life, the Bundesbank ceased to be the dominant central bank in Europe. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
credible conservatism, sector bargainers, conflict dummy, annual first differences, political dummy, money market management, monetary conservatism, central bank behaviour, election dummy, retirement consumption, nominal outcomes, conflict indicator, monetary policy strategy, sacrifice ratio, nominal effects, cash reserve ratios, cash reserve requirements, conflict variable, central bank independence, override mechanism, minimum reserve requirements, monetary targeting, capital income taxation, central bank autonomy, partisan theory
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Bretton Woods, Deutsche Bundesbank, European Central Bank, Maastricht Treaty, Bank of England, Federal Reserve, European Union, New York, Regression Dependent, Cambridge University Press, Oxford University Press, Banque de France, Journal of Political Economy, The Netherlands, European Parliament, European System of Central Banks, Executive Board, International Economics, Journal of Macroeconomics, Oxford Economic Papers, Political Economy of Central-Bank, Princeton Special Papers, University of Chicago Press, American Economic Review, Deutschen Bundesbank
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