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This volume contains two major papers prepared for the Bank of England's Tercentenary Symposium in June 1994. The first, by Forrest Capie, Charles Goodhart and Norbert Schnadt, provides an authoritative account of the evolution of central banking. It traces the development of both the monetary and financial stability concerns of central banks, and includes individual sections on the evolution and constitutional positions of 31 central banks from around the world. The second paper, by Stanley Fischer, explores the major policy dilemmas now facing central bankers: the extent to which there is a short-term trade-off between inflation and growth; the choice of inflation targets; and the choice of operating procedures. Important contributions by leading central bankers from around the world, and the related Per Jacobsen lecture by Alexander Lamfalussy, are also included in the volume.
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Over 50 years ago, In Search of a Monetary Constitution, which focused on the need for constraints on the creation of money by the government, was published. Although overlooked at the time, the work's analysis has proven to be remarkably prescient. This new collection of essays, Renewing the Search for a Monetary Constitution: Reforming Government's Role in the Monetary System, commemorates the 50th anniversary of the first edition by revisiting and re-energizing the original intent. Since the publication of the original book, central banks have delivered neither sound money nor real growth
Banks and banking, Central -- Congresses. --- Monetary policy -- Congresses. --- Money -- Congresses. --- Monetary policy --- Money --- Banks and banking, Central --- E-books
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Banks and banking, Central --- AA / International- internationaal --- 333.110 --- 333.80 --- 333.820 --- 333.44 --- Centrale banken en parastatale kredietinstellingen: algemeen. Overheidsbemoeiïng inzake organisatie en verdeling van het krediet. --- Geld-, bank- en kredietpolitiek. Kapitaalmarkt en -rente: algemeenheden. --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden. --- Monetaire congressen, conferenties en onderzoeken. --- Congresses. --- Congresses --- Centrale banken en parastatale kredietinstellingen: algemeen. Overheidsbemoeiïng inzake organisatie en verdeling van het krediet --- Monetaire congressen, conferenties en onderzoeken --- Geld-, bank- en kredietpolitiek. Kapitaalmarkt en -rente: algemeenheden --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden --- Banks and banking, Central - Congresses
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333.111.6 --- -332.112 --- Betrekkingen van de centrale banken met de overheid. Voorschotten aan de overheid. Monetaire financiering van de schatkist. --- Private finance --- Banks and banking, Central --- Monetary policy --- 332.112 --- 333.111.0 --- 333.428 --- 333.820 --- GB / United Kingdom - Verenigd Koninkrijk - Royaume Uni --- NBB congres --- US / United States of America - USA - Verenigde Staten - Etats Unis --- Algemeenheden. Theoretische en beschrijvende studies. Centrale banken --- Betrekkingen van de centrale banken met de overheid. Voorschotten aan de overheid. Monetaire financiering van de schatkist --- Geldstock en quasi-monetaire liquiditeiten --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden --- Conferences - Meetings --- Banks and banking, Central - Congresses --- Monetary policy - Congresses
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Business & Economics --- Economic Theory --- Monetary policy --- Banks and banking, Central --- Finance --- Money --- Congresses --- Congresses. --- NL / Netherlands - Nederland - Pays Bas --- 333.110 --- 333.820 --- 333.420.1 --- 333.481 --- NBB congres --- -Banks and banking, Central --- -332.46 --- Banker's banks --- Banks, Central --- Central banking --- Central banks --- Banks and banking --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Centrale banken en parastatale kredietinstellingen: algemeen. Overheidsbemoeiïng inzake organisatie en verdeling van het krediet. --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden. --- Koopkracht van geld. Monetaire (on)stabiliteit. --- Monetaire crisissen, hervormingen, saneringen en stabilisering. --- Conferences - Meetings --- Banks and banking [Central ] --- Banks and banking, Central - Congresses. --- 332.46 --- Centrale banken en parastatale kredietinstellingen: algemeen. Overheidsbemoeiïng inzake organisatie en verdeling van het krediet --- Koopkracht van geld. Monetaire (on)stabiliteit --- Monetaire crisissen, hervormingen, saneringen en stabilisering --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden
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This book investigates how observed differences in institutions affect political and economic outcomes in various social, economic, and political systems. It also examines how the institutions themselves change and develop in response to individual and collective beliefs, preferences, and strategies. This volume tackles both monetary and real topics in an integrated way, and represents the first coherent empirical investigation of positive models of political economy. The various contributions discuss issues of great topicality not just for Europe, but for all developed economies: why do central banks matter? What determines their independence? How do central bank independence and exchange rate regimes affect monetary integration and activism? The volume also discusses the costs of a monetary union, unemployment benefits, and redistributive taxation.
Economic policy and planning (general) --- Monetary policy --- Banks and banking, Central --- Economic policy --- Congresses --- 336.74 --- 336.71 --- 338.22 --- -Monetary policy --- -Banks and banking, Central --- -AA / International- internationaal --- 333.111.0 --- 333.111.6 --- 333.110 --- 333.825 --- 331.31 --- 334.151.20 --- 333.80 --- 333.431 --- 333.846.0 --- NBB congres --- -Economic policy --- -332.46 --- Economic nationalism --- Economic planning --- National planning --- State planning --- Economics --- Planning --- National security --- Social policy --- Banker's banks --- Banks, Central --- Central banking --- Central banks --- Banks and banking --- Monetary management --- Currency boards --- Money supply --- Geld. Geldwezen. Monetaire sector. --- Bankwezen --- Economische organisatieleer. Economisch beleid. Economische politiek --- Algemeenheden. Theoretische en beschrijvende studies. Centrale banken. --- Betrekkingen van de centrale banken met de overheid. Voorschotten aan de overheid. Monetaire financiering van de schatkist. --- Centrale banken en parastatale kredietinstellingen: algemeen. Overheidsbemoeiïng inzake organisatie en verdeling van het krediet. --- Deviezenpolitiek. Interventies. --- Economisch beleid. --- Economische en monetaire unie van de Europese Gemeenschappen: algemeenheden. --- Geld-, bank- en kredietpolitiek. Kapitaalmarkt en -rente: algemeenheden. --- Monetaire Unies. --- Verband tussen het monetair, bank- en kredietbeleid en de economische ontwikkeling: algemeenheden. --- Congresses. --- 338.22 Economische organisatieleer. Economisch beleid. Economische politiek --- 336.71 Bankwezen --- 336.74 Geld. Geldwezen. Monetaire sector. --- 332.46 --- AA / International- internationaal --- Economisch beleid --- Centrale banken en parastatale kredietinstellingen: algemeen. Overheidsbemoeiïng inzake organisatie en verdeling van het krediet --- Algemeenheden. Theoretische en beschrijvende studies. Centrale banken --- Betrekkingen van de centrale banken met de overheid. Voorschotten aan de overheid. Monetaire financiering van de schatkist --- Monetaire Unies --- Geld-, bank- en kredietpolitiek. Kapitaalmarkt en -rente: algemeenheden --- Deviezenpolitiek. Interventies --- Verband tussen het monetair, bank- en kredietbeleid en de economische ontwikkeling: algemeenheden --- Economische en monetaire unie van de Europese Gemeenschappen: algemeenheden --- Geld. Geldwezen. Monetaire sector --- Business, Economy and Management --- Monetary policy - Congresses --- Banks and banking, Central - Congresses --- Economic policy - Congresses
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