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9780333772447: The Monetary Transmission Process: Recent Developments and Lessons for Europe

Sinopsis

Notes on the Contributors Introduction Analysis of the Monetary Transmission Mechanism: Methodological Issues; B.T.McCallum Comment; L.J.Christiano & H.Uhlig Price Stability as a Target for Monetary Policy: Defining and Maintaining Price Stability; L.E.O.Svensson Comment; M.King & J.Vinals The Transmission Process; A.H.Meltzer Asymmetric Interest Rate Policy in Europe: Causes and Consequences; A.A.Weber Comment; C.A.Favero & P.Moutot Legal Structure, Financial Structure, and the Monetary Policy Transmission Mechanism; S.G.Cecchetti Comment; M.J.M.Neumann & I.Angeloni Differences Between Financial Systems in European Countries: Consequences for EMU; R.H.Schmidt Comment; C.A.E.Goodhart & A.Vienney European Labour Markets and the Euro: How Much Flexibility Do We Really Need?; M.C.Burda Comment; H.J.Brouwer & L.C.Cunha The Monetary Transmission Process: Concluding Remarks; O.Issing, F.Giavazzi, C.Berg, I.Visco & M.M.J.Neumann Index

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Acerca del autor

HEINZ HERMANN, Deutsche Bundesbank and REINER K?NIG, Deutsche Bundesbank.

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