The economics of target balances : from Lehman to Corona / Hans-Werner Sinn.
Sinn, Hans-Werner, author.
2020
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Title The economics of target balances : from Lehman to Corona / Hans-Werner Sinn.
Author Sinn, Hans-Werner, author.
ISBN 9783030501709
3030501701
9783030501693
3030501698
Published Basingstoke : Palgrave Macmillan, 2020.
Language English
Description 1 online resource : illustrations.
Dewey Decimal Classification 332.11094
Access Note Access limited to authorized users.
Source of Description Description based on CIP data; resource not viewed.
Available in Other Form Print version: 9783030501693
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Chapter 1: Target: An obscure aspect of the Eurosystem.- Chapter 2: The Target credit.- Chapter 3: Current account, capital movements and Target balances.- Chapter 4: The cash balance.- Chapter 5: How the Target balances came about: the first phase of the crisis.- Chapter 6: The case of Greece.- Chapter 7: External crowds out internal money.- Chapter 8: The QE program and the Target balances.- Chapter 9: The rate of interest on Target balances.- Chapter 10: Interest spreads and tiering.- Chapter 11: The Corona Crisis.- Chapter 12: The risks of Target and cash balances.- Chapter 13: Conclusions and policy recommendations.

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