Wow! eBook
Evolution and Procedures in Central Banking Reissue Edition
Author(s): David E. Altig
- Publisher: Cambridge University Press
- Publication Date: 20 July 2011
- Edition: Reissue
- Language: English
- Print length: 334 pages
- ISBN-10: 0521158281
- ISBN-13: 9780521158282
Book Description
This volume collects the proceedings from a conference on the evolution and practice of central banking sponsored by the Central Bank Institute of the Federal Reserve Bank of Cleveland. The articles and discussants’ comments in this volume largely focus on two questions: the need for central banks, and how to maintain price stability once they are established. The questions addressed include whether large banks (or coalitions of small banks) can substitute for government regulation and due central bank liquidity provision; whether the future will have fewer central banks or more; the possibility of private means to deliver a uniform currency; if competition across sovereign currencies can ensure global price stability; the role of learning (and unlearning) the lessons of the past inflationary episodes in understanding central bank behavior; and an analysis of the European Central Bank.
Editorial Reviews
Review
“…the volume provides a refreshing survey of current leading issues in central banking, and belongs to the shelves of anyone who believes in the outstanding relevance of monetary and banking history for current challenges, both theoretical and practical.” EH.NET
Book Description
The articles in this volume are collectively about shedding light on central banks as institutions.
