Fundamentals of monetary policy in the euro area

Dieter Gerdesmeier Fundamentals of Monetary Policy in the Euro Area Concepts – Markets – Institutions Download free eBooks at bookboon.com... Fundamentals of Monetary Policy in the Euro

Dieter Gerdesmeier

Fundamentals of Monetary Policy in the Euro Area

Concepts – Markets – Institutions

Download free eBooks at bookboon.com

Fundamentals of Monetary Policy in the Euro Area: Concepts – Markets – Institutions

3rd edition

© 2015 Dieter Gerdesmeier & bookboon.com

ISBN 978-87-403-1004-7

Download free eBooks at bookboon.com

Fundamentals of Monetary Policy

in the Euro Area

4

Contents

Contents

2.3 Some statistical concepts 14

3.4 he concept of an optimal currency area 21

3.5 Advantages and disadvantages of a monetary union 22

3.6 Some controversies about the road 23

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Fundamentals of Monetary Policy

in the Euro Area

5

Contents

4.3 he European Central Bank 25

4.4 Presidents of the European Central Bank 27

4.6 A closer look at the U.S Federal Reserve System 29

4.7 A closer look at the Bank of Japan 30

4.8 A closer look at the Bank of England 31

4.9 Decision-making modalities 31

4.10 Independence and accountability 34

5.5 Core and non-core inlation 42

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