Nils Herger: Understanding Central Banks

Cover: 9783030051617 | Understanding Central Banks | Nils Herger | Buch | Englisch | 2019

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Sprache: Englisch

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Beschreibung

Issues related to central banks feature regularly in economic news coverage, and in times of economic or financial crisis, especially when a commercial bank is bailed out, they become the focus of the policy debate. But what role do central banks play in a modern economy? How do central banks wield influence over the financial system and the broad economy? Through which channels does monetary policy impact macroeconomic fundamentals such as inflation or unemployment? For example, how does a central bank alter the money supply? What are the benefits of central bank independence, and what are the up- and downsides of having a common currency? This book provides easily accessible answers to these and other questions associated with central banking.

Über den Autor

Dr. Nils Herger is a lecturer at the Study Center Gerzensee - the research and training center of the Swiss National Bank. His main responsibility is to organize a course program for central bankers, which is attended by participants from all over the world and enjoys an excellent international reputation. Nils Herger also teaches monetary policy and macroeconomic topics at the University of Bern. He holds a Ph.D. in economics from the University of Exeter.

Zusammenfassung

Helps the reader understand the role central banks play in modern economies

Fills a gap in explaining the role of central banks, their historical development and the effects of montary policy in an intuitive manner

Written for the general audience and for students in economics, political science, law, history etc

Inhaltsverzeichnis

Introduction.- A Brief History of Central Banks.- Money: Lubricant of the Economy.- Monetary-policy Instruments.- Money, Credit, and Banking.- The Initial and Final Effects of Monetary Policy on Inflation, Output, and (Un)employment.- Central-bank Independence.- International Monetary Policy.- Final chapter: The Past, Present, and Future of Central Banking.

Erscheinungsjahr:	2019
Fachbereich:	Populäre Darstellungen
Genre:	Politikwissenschaft & Soziologie
Rubrik:	Wissenschaften
Medium:	Buch
Inhalt:	xi 200 S. 2 s/w Illustr. 45 farbige Illustr. 200 p. 47 illus. 45 illus. in color.
ISBN-13:	9783030051617
ISBN-10:	3030051617
Sprache:	Englisch
Herstellernummer:	978-3-030-05161-7
Ausstattung / Beilage:	HC runder Rücken kaschiert
Einband:	Gebunden
Autor:	Herger, Nils
Auflage:	1st ed. 2019
Hersteller:	Springer International Publishing
Maße:	241 x 160 x 18 mm
Von/Mit:	Nils Herger
Erscheinungsdatum:	01.03.2019
Gewicht:	0,489 kg

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