The Economics of Target Balances

preview-18
  • The Economics of Target Balances Book Detail

  • Author : Hans-Werner Sinn
  • Release Date : 2020-10-23
  • Publisher : Springer Nature
  • Genre : Business & Economics
  • Pages : 152
  • ISBN 13 : 3030501701
  • File Size : 95,95 MB

The Economics of Target Balances by Hans-Werner Sinn PDF Summary

Book Description: Target balances are the largest single item in some of the balance sheets of the Eurosystem’s national central banks (NCBs), and yet very little is known about them by the general public and even by economists. This book shows that Target balances measure overdraft credits between the NCBs that resemble ordinary fiscal credit and which have grown disproportionately, exceeding one billion euros. There is, however, no parliamentary legitimation for the Target balances. The book sheds light on the economic significance of the balances, questions their limitlessness, and addresses controversial views that have been expressed regarding them. It uses the Target statistics to analyze the course of the euro crisis and the ECB’s policy reactions from the time of the Lehman bankruptcy up to the outbreak of the Corona crisis. It analyses the credit risks involved for the Eurosystem and concludes with a reform proposal. This book will be of interest to non-specialist economists and policy makers.

Disclaimer: www.yourbookbest.com does not own The Economics of Target Balances books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

The Economics of Target Balances

The Economics of Target Balances

File Size : 38,38 MB
Total View : 2165 Views
DOWNLOAD

Target balances are the largest single item in some of the balance sheets of the Eurosystem’s national central banks (NCBs), and yet very little is known abou

The Target Balances in the Euro Area

The Target Balances in the Euro Area

File Size : 8,8 MB
Total View : 7982 Views
DOWNLOAD

Seminar paper from the year 2012 in the subject Economics - Monetary theory and policy, grade: 1,3, University of Bayreuth, language: English, abstract: The Eur

TARGET2 Balances from a German Perspective

TARGET2 Balances from a German Perspective

File Size : 77,77 MB
Total View : 772 Views
DOWNLOAD

Research Paper (postgraduate) from the year 2012 in the subject Economics - International Economic Relations, grade: keine, , course: Applied Economics, languag

The Euro Trap

The Euro Trap

File Size : 56,56 MB
Total View : 6127 Views
DOWNLOAD

This book offers a critical assessment of the history of the euro, its crisis, and the rescue measures taken by the European Central Bank and the community of s