1st Edition
Monetary Policy Over Fifty Years Experiences and Lessons
Edited By Heinz Herrmann
Copyright 2009
176 Pages
by
Routledge
188 Pages
by
Routledge
176 Pages
by
Routledge
Also available as eBook on:
This book is based on a conference celebrating the 50th anniversary of the Deutsche Bundesbank. Since the 1950s, there have been fundamental changes in the monetary order and financial systems, in our understanding of the effects of monetary policy, the best goals for central banks and the appropriate institutional setting of central banks. Prominent monetary economists and central bankers give... Read more
Introduction (Axel Weber, Deutsche Bundesbank) 1. What have economists learned over the past 50 years? (Lars Svensson, Princeton University & Sveriges Riksbank) [Comments: Takatoshi Ito (Professor, University of Tokio), Bennet McCallum (Professor, Carnegie Mellon University), Athanasios Orphanides (Governor, Central Bank of Cyprus)] 2. Success and failure of monetary policy since the 1950s (David Laidler, University of Western Ontarion) [Comments: Charles Goodhart (London School of Economics), Otmar Issing (Center for Financial Studies, Frankfurt), Don Kohn (Federal Reserve Board)] 3. Monetary policy and its environment: fiscal policy, labour and goods markets (Olivier Blanchard, MIT) [Comments: Wolfgang Franz (President, ZEW), Lars-Hendrik Roeller (European School of Economics and Technology), Hans-Werner Sinn (CESifo)] 4. Will monetary policy become more of a science? (Frederic Mishkin, Federal Reserve Board) [Comments: Richard Clarida (Columbia University), Manfred Neumann (Bonn University), Lucas Papademos (Eiropean Central Bank)]
Biography
The Deutsche Bundesbank is Germany’s central bank. Since 1999, the Bundesbank has continued to perform important central bank functions as an integral part of the European System of Central Banks.
