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Titlebook: Aspects of Central Bank Policy Making; Zvi Eckstein Conference proceedings 1991 Springer-Verlag Berlin · Heidelberg 1991 Bankpolitik.Centr

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期刊全称Aspects of Central Bank Policy Making
影响因子2023Zvi Eckstein
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图书封面Titlebook: Aspects of Central Bank Policy Making;  Zvi Eckstein Conference proceedings 1991 Springer-Verlag Berlin · Heidelberg 1991 Bankpolitik.Centr
影响因子This volume is a collection of papers which were presented and discussed at a conference on "Aspects of Central Bank Policy Making" which took place in January 1990 at the Bank of Israel and Tel Aviv University. The conference marked the tenth anniversary of the passing of David Horowitz who was the first governor of the Bank of Israel. The conference was sponsored by the Bank of Israel and the David Horowitz Institute for the Research of Developing Countries at Tel Aviv University. Eitan Berglas, Zvi Eckstein and Mordechai Fraenkel served as organizing committee. The volume has three parts. The first part deals with the rules and the constraints that are fundamental for central bank policy making. It starts with a critical review of 75 years of monetary policy of the U.S. Federal Reserve Bank, followed by several studies directed at the issues concerning the establishment of a European central bank. The second part deals with the insurance, regulation and safety of commercial banks. The last part contains analysis of monetary policies in Germany and Israel. Part of the research included in this volume is the result of a two years research project on "Central Bank Policies, Disinfl
Pindex Conference proceedings 1991
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Credibility and Consistent Central Bank Policy: An Insider Viewt from country to country, that has to be taken into account for the actual conduct of monetary policy. Clearly, not all of it is also relevant for economic analysis. The important question is where does the dividing line run between institutional detail that is relevant and that which can be ignore
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Discretion, Precommitments and the Prospects for a European Central Bank — Fixed Parities Versus a C (1989) article 52), but an effort will be made to use other adjustment mechanisms. A similar fixed parities system with separately managed currencies is envisaged for stage two as well except that in this stage exchange rate realignments would be made only under “exceptional circumstances” (Op. Cit
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Tax Smoothing and Tests of Ricardian Equivalence: Israel 1961–1988ise real interest rates. Any observed increase in nominal rates following a tax cut may be attributable to expectations of higher inflation, perhaps due to the public’s fear of unnecessarily expansionary monetary policy! More generally, the Ricardian equivalence theorem (to be denoted sometimes by R
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https://doi.org/10.1007/978-3-642-76774-6Bankpolitik; Central Bank Policy; Exchange Rate Policy; Geld; Geldpolitik; Germany; Wechselkurspolitik; Zen
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