From German Rules to European Discretion: Policy’s Slippery Slope
In: Institutions in Crisis
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- David Howden, 2010.
"Knowledge shifts and the business cycle: When boom turns to bust,"
The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 23(2), pages 165-182, June.
- Howden, David, 2010. "Knowledge Shifts and the Business Cycle: When Boom Turns to Bust," MPRA Paper 79591, University Library of Munich, Germany.
- Richard H. Clarida & Mark Gertler, 1997.
"How the Bundesbank Conducts Monetary Policy,"
NBER Chapters, in: Reducing Inflation: Motivation and Strategy, pages 363-412,
National Bureau of Economic Research, Inc.
- Clarida, R. & Gertler, M., 1996. "How the Bundesbank Conducts Monetary Policy," Working Papers 96-14, C.V. Starr Center for Applied Economics, New York University.
- Richard Clarida & Mark Gertler, 1996. "How the Bundesbank Conducts Monetary Policy," NBER Working Papers 5581, National Bureau of Economic Research, Inc.
- Gerald P. Dwyer, 1993. "Rules and discretion in monetary policy," Review, Federal Reserve Bank of St. Louis, issue May, pages 3-13.
- Franco Modigliani, 1977.
"The monetarist controversy; or, should we forsake stabilization policies?,"
Economic Review, Federal Reserve Bank of San Francisco, issue Spr suppl, pages 27-46.
- Modigliani, Franco, 1977. "The Monetarist Controversy or, Should We Forsake Stabilization Policies?," American Economic Review, American Economic Association, vol. 67(2), pages 1-19, March.
- Andreas Beyer & Vitor Gaspar & Christina Gerberding & Otmar Issing, 2013.
"Opting Out of the Great Inflation: German Monetary Policy after the Breakdown of Bretton Woods,"
NBER Chapters, in: The Great Inflation: The Rebirth of Modern Central Banking, pages 301-346,
National Bureau of Economic Research, Inc.
- Andreas Beyer & Vitor Gaspar & Christina Gerberding & Otmar Issing, 2008. "Opting Out of the Great Inflation: German Monetary Policy After the Break Down of Bretton Woods," NBER Working Papers 14596, National Bureau of Economic Research, Inc.
- Beyer, Andreas & Gaspar, Vítor & Gerberding, Christina & Issing, Otmar, 2009. "Opting out of the great inflation: German monetary policy after the breakdown of Bretton Woods," Discussion Paper Series 1: Economic Studies 2009,12, Deutsche Bundesbank.
- Beyer, Andreas & Gaspar, Vítor & Gerberding, Christina & Issing, Otmar, 2008. "Opting out of the great inflation: German monetary policy after the break down of Bretton Woods," CFS Working Paper Series 2009/01, Center for Financial Studies (CFS).
- Beyer, Andreas & Gaspar, Vítor & Gerberding, Christina & Issing, Otmar, 2009. "Opting out of the Great Inflation: German monetary policy after the break down of Bretton Woods," Working Paper Series 1020, European Central Bank.
- David Howden (ed.), 2011. "Institutions in Crisis," Books, Edward Elgar Publishing, number 14370.
- Andrew Moravcsik, 1993. "Preferences and Power in the European Community: A Liberal Intergovernmentalist Approach," Journal of Common Market Studies, Wiley Blackwell, vol. 31(4), pages 473-524, December.
- Pedro Schwartz & Juan Castañeda, 2009. "Central Banks: From Politically Independent To Market‐Dependent Institutions," Economic Affairs, Wiley Blackwell, vol. 29(3), pages 9-16, September.
- Philipp Bagus & David Howden, 2009. "The Federal Reserve And Eurosystem´S Balance Sheet Policies During The Financial Crisis: A Comparative Analysis," Romanian Economic Business Review, Romanian-American University, vol. 4(3), pages 165-186, September.
- Philipp Bagus, 2008. "Monetary policy as bad medicine: The volatile relationship between business cycles and asset prices," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 21(4), pages 283-300, December.
- Hayek, F. A., . "Money, Capital, and Fluctuations," University of Chicago Press Economics Books, University of Chicago Press, number 9780226321271 edited by McCloughry, R. K..
- Cordelius Ilgmann & Ulrich van Suntum, "undated". "Bad Banks: The Case of Germany," Working Papers 200110, Institute of Spatial and Housing Economics, Munster Universitary.
- Philipp Bagus & David Howden, 2009. "Qualitative Easing In Support Of A Tumbling Financial System: A Look At The Eurosystem'S Recent Balance Sheet Policies," Economic Affairs, Wiley Blackwell, vol. 29(4), pages 60-65, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Gabriel A. Giménez-Roche, 2011. "Institutional Illusion and Financial Entrepreneurship in the European Debt Scheme," Chapters, in: David Howden (ed.), Institutions in Crisis, chapter 1, Edward Elgar Publishing.
- Bagus, Philipp & Gabriel, Amadeus & Howden, David, 2014.
"Causes and Consequences of Inflation,"
MPRA Paper
79608, University Library of Munich, Germany.
- Philipp Bagus & David Howden & Amadeus Gabriel, 2014. "Causes and Consequences of Inflation," Post-Print hal-02634016, HAL.
- Philipp Bagus, 2011. "The Eurosystem: Costs and Tragedies," Chapters, in: David Howden (ed.), Institutions in Crisis, chapter 7, Edward Elgar Publishing.
- Maria Alvarado & Laura Muro & Kirk Lee Tennant, 2011. "Europe’s Crisis of Accounting," Chapters, in: David Howden (ed.), Institutions in Crisis, chapter 5, Edward Elgar Publishing.
- Bagus, Philipp & Howden, David, 2010. "The Term Structure of Savings, the Yield Curve, and Maturity Mismatching," MPRA Paper 79592, University Library of Munich, Germany.
- Bagus, Philipp & Howden, David, 2011. "Unanswered Quibbles with Fractional Reserve Free Banking," MPRA Paper 79594, University Library of Munich, Germany.
- Philipp Bagus & David Howden, 2011.
"Monetary equilibrium and price stickiness: Causes, consequences and remedies,"
The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 24(4), pages 383-402, December.
- Bagus, Philipp & Howden, David, 2011. "Monetary Equilibrium and Price Stickiness: Causes, Consequences and Remedies," MPRA Paper 79593, University Library of Munich, Germany.
- Bagus, Philipp & Howden, David, 2016. "Central Bank Balance Sheet Analysis," MPRA Paper 79801, University Library of Munich, Germany.
- Bagus, Philipp & Howden, David, 2010. "Fractional Reserve Banking: Some Quibbles," MPRA Paper 79590, University Library of Munich, Germany.
- Philipp Bagus & David Howden, 2012.
"Still unanswered quibbles with fractional reserve free banking,"
The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 25(2), pages 159-171, June.
- Bagus, Philipp & Howden, David, 2012. "Still Unanswered Quibbles with Fractional Reserve Free Banking," MPRA Paper 79596, University Library of Munich, Germany.
- Bagus, Philipp & Howden, David, 2013. "Some Ethical Dilemmas with Modern Banking," MPRA Paper 79599, University Library of Munich, Germany.
- Bagus, Philipp & Howden, David, 2014. "Central Bank Insolvency: Causes, Effects and Remedies," MPRA Paper 79605, University Library of Munich, Germany.
- Bagus, Philipp & Howden, David, 2014. "Fiscal Considerations of Central Bank Recapitalization," MPRA Paper 79606, University Library of Munich, Germany.
- Kui-Wai Li, 2013.
"The US monetary performance prior to the 2008 crisis,"
Applied Economics, Taylor & Francis Journals, vol. 45(24), pages 3450-3461, August.
- Li, Kui-Wai, 2012. "The US monetary performance prior to the 2008 crisis," MPRA Paper 41036, University Library of Munich, Germany.
- Adnan Haider Bukhari & Safdar Ullah Khan, 2008.
"A Small Open Economy DSGE Model for Pakistan,"
The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 47(4), pages 963-1008.
- Haider, Adnan & Khan, Safdar Ullah, 2008. "A Small Open Economy DSGE Model for Pakistan," MPRA Paper 12977, University Library of Munich, Germany, revised 17 Jan 2009.
- Roger W. Garrison, 2014. "Hayek and Friedman," Chapters, in: Roger W. Garrison & Norman Barry (ed.), Elgar Companion to Hayekian Economics, chapter 6, pages 116-137, Edward Elgar Publishing.
- Esanov, Akram & Merkl, Christian & Vinhas de Souza, Lucio, 2005.
"Monetary policy rules for Russia,"
Journal of Comparative Economics, Elsevier, vol. 33(3), pages 484-499, September.
- Esanov, Akram & Merkl, Christian & Vinhas de Souza, Lúcio, 2004. "Monetary policy rules for Russia," BOFIT Discussion Papers 11/2004, Bank of Finland Institute for Emerging Economies (BOFIT).
- Svensson, Lars E. O., 1997.
"Inflation forecast targeting: Implementing and monitoring inflation targets,"
European Economic Review, Elsevier, vol. 41(6), pages 1111-1146, June.
- Lars E. O. Svensson, 1996. "Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets," NBER Working Papers 5797, National Bureau of Economic Research, Inc.
- Svensson, Lars E.O., 1997. "Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets," Seminar Papers 615, Stockholm University, Institute for International Economic Studies.
- Svensson, Lars E O, 1996. "Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets," CEPR Discussion Papers 1511, C.E.P.R. Discussion Papers.
- Svensson, L-E-O, 1996. "Inflation Forecast Targeting : Implementaing and Monitoring Inflation Targets," Papers 615, Stockholm - International Economic Studies.
- Lars E O Svensson, 1996. "Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets," Bank of England working papers 56, Bank of England.
- Anthony J. Evans, 2016. "The unintended consequences of easy money: How access to finance impedes entrepreneurship," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 29(3), pages 233-252, September.
- Vitek, Francis, 2006. "Measuring the Stance of Monetary Policy in a Small Open Economy: A Dynamic Stochastic General Equilibrium Approach," MPRA Paper 802, University Library of Munich, Germany.
More about this item
Keywords
Economics and Finance; Politics and Public Policy;Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:14370_9. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.