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001385888 020__ $$a9780262271400$$q(electronic bk.)
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001385888 020__ $$a1423728661$$q(electronic bk.)
001385888 020__ $$a9781423728665$$q(electronic bk.)
001385888 035__ $$a(OCoLC)61849632$$z(OCoLC)991978357
001385888 035__ $$a(OCoLC-P)61849632
001385888 040__ $$aOCoLC-P$$beng$$epn$$cOCoLC-P
001385888 050_4 $$aHG2976$$b.H325 2005eb
001385888 072_7 $$aBUS$$x004000$$2bisacsh
001385888 08204 $$a332.1/1/094$$222
001385888 1001_ $$aHaan, Jakob de.
001385888 24514 $$aThe European Central Bank :$$bcredibility, transparency, and centralization /$$cJakob de Haan, Sylvester C.W. Eijffinger, and Sandra Waller.
001385888 260__ $$aCambridge, Mass. :$$bMIT Press,$$c2005.
001385888 300__ $$a1 online resource (264 pages) :$$billustrations.
001385888 336__ $$atext$$btxt$$2rdacontent
001385888 337__ $$acomputer$$bc$$2rdamedia
001385888 338__ $$aonline resource$$bcr$$2rdacarrier
001385888 4901_ $$aCESifo book series
001385888 506__ $$aAccess limited to authorized users.
001385888 520__ $$aAn examination of the debates on European Central Bank monetary policy, focusing on issues of transparency, credibility, and accountability and the effect of the ECB's decentralized structure.The adoption of the euro in 1999 by 11 member states of the European Union created a single currency area second in economic size only to the United States. The euro zone's monetary policy is now set by the European Central Bank (ECB) and its Governing Council rather than by individual national central banks. This CESifo volume examines issues that have arisen in the first years of ECB monetary policy and analyzes the effect that current ECB policy strategy and structures may have in the future. After a detailed description and assessment of ECB monetary policy making that focuses on such issues as price stability and the predictability of policy decisions, the book turns to two important issues faced by European central bankers: the transparency and credibility of decision making and the ECB's decentralized structure. After showing that transparency in decision making enhances credibility, the book discusses the ECB's efforts at openness, its political independence as guaranteed by law, and its ultimate accountability. The book then considers the effects of the decentralized ECB structure, focusing on business cycle synchronization, inflation differentials, and differences in monetary policy transmission in light of the enlargement of the monetary union. The book also discusses options for ECB institutional reforms, including centralization, vote weighting, and cross-border regional banks.
001385888 588__ $$aOCLC-licensed vendor bibliographic record.
001385888 61020 $$aEuropean Central Bank.
001385888 650_0 $$aBanks and banking, Central$$zEuropean Union countries.
001385888 650_0 $$aMonetary policy$$zEuropean Union countries.
001385888 653__ $$aECONOMICS/Finance
001385888 653__ $$aECONOMICS/Political Economy
001385888 655_0 $$aElectronic books
001385888 7001_ $$aEijffinger, Sylvester C. W.
001385888 7001_ $$aWaller, Sandra.
001385888 852__ $$bebk
001385888 85640 $$3MIT Press$$uhttps://univsouthin.idm.oclc.org/login?url=https://doi.org/10.7551/mitpress/2847.001.0001?locatt=mode:legacy$$zOnline Access through The MIT Press Direct
001385888 85642 $$3OCLC metadata license agreement$$uhttp://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf
001385888 909CO $$ooai:library.usi.edu:1385888$$pGLOBAL_SET
001385888 980__ $$aBIB
001385888 980__ $$aEBOOK
001385888 982__ $$aEbook
001385888 983__ $$aOnline