000 02063nam a2200253Ii 4500
008 221202s xx 000 0 und d
100 1 _aBindseil, Ulrich,
_eauthor
245 0 _aIntroduction to Central Banking
264 _bSpringer Nature
_c2021
300 _a1 online resource (128 pages)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 _aSpringerBriefs in Quantitative Finance
520 _aThis 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.
653 _aEconomic Theory/Quantitative Economics/Mathematical Methods
653 _aFinancial Economics
653 _aMacroeconomics And Monetary Economics
653 _aMacroeconomics/Monetary Economics//Financial Economics
653 _aQuantitative Economics
700 1 _aFotia, Alessio
856 _uhttps://library.oapen.org/bitstream/20.500.12657/49520/1/9783030708849.pdfhttps://www.springer.com/9783030582517https://library.oapen.org/handle/20.500.12657/49520
942 _cE-BOOK
999 _c63432
_d63432