000 01677nam a22002177a 4500
999 _c2999
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008 220718b ||||| |||| 00| 0 eng d
020 _a9783030708832
082 _a332.11
_bBIN
100 _aBindseil, Ulrich
_97672
245 _aIntroduction to central banking
260 _bSpringer
_aSwitzerland
_c2021
300 _axxiii, 128 p.
365 _aEURO
_b29.99
520 _aAbout this book This open access book gives a concise introduction to the practical implementation of monetary policy by modern central banks. It describes the conventional instruments used in advanced economies and the unconventional instruments that have been widely adopted since the financial crisis of 2007–2008. Illuminating the role of central banks in ensuring financial stability and as last resort lenders, it also offers an overview of the international monetary framework. A flow-of-funds framework is used throughout to capture this essential dimension in a consistent and unifying manner, providing a unique and accessible resource on central banking and monetary policy, and its integration with financial stability. Addressed to professionals as well as bachelors and masters students of economics, this book is suitable for a course on economic policy. Useful prerequisites include at least a general idea of the economic institutions of an economy, and knowledge of macroeconomics and monetary economics, but readers need not be familiar with any specific macroeconomic models.
650 _aMacroeconomics
_91161
650 _aEconomics
_9722
650 _aBanks and banking, Central
_96339
700 _aFotia, Alessio
_97673
942 _2ddc
_cBK