Reconsidering central bank independence:
Saved in:
Main Authors: | , , |
---|---|
Format: | Electronic eBook |
Language: | English |
Published: |
Cambridge, United Kingdom
Cambridge University Press
2024
|
Subjects: | |
Links: | https://doi.org/10.1017/9781108681186?locatt=mode:legacy https://doi.org/10.1017/9781108681186 https://doi.org/10.1017/9781108681186?locatt=mode:legacy https://doi.org/10.1017/9781108681186 https://doi.org/10.1017/9781108681186?locatt=mode:legacy |
Abstract: | Central bank independence has become one of the most widely accepted tenets of modern monetary policy. According to this view, the main role of independent central banks is to maintain price stability through the adjustment of short-term interest rates. Reconsidering Central Bank Independence argues that the global financial crisis has undermined confidence in this view as central banks increasingly have to address concerns other than price stability, such as financial stability, the need for output recovery and other broader policy goals. Large balance-sheet expansion by central banks followed the global financial crisis, which overlapped considerably with the financial policy of their respective governments. Exploring the consequences of this shift to a more diverse set of policy challenges, this book calls for a return to the consensus role for central banks and analyses what this might mean for their future independence. |
Physical Description: | 1 Online-Ressource (xviii, 246 Seiten) |
ISBN: | 9781108681186 |
DOI: | 10.1017/9781108681186 |
Staff View
MARC
LEADER | 00000nam a2200000 c 4500 | ||
---|---|---|---|
001 | BV049686236 | ||
003 | DE-604 | ||
005 | 20240819 | ||
007 | cr|uuu---uuuuu | ||
008 | 240515s2024 xx o|||| 00||| eng d | ||
020 | |a 9781108681186 |c ebook |9 978-1-108-68118-6 | ||
024 | 7 | |a 10.1017/9781108681186 |2 doi | |
035 | |a (ZDB-20-CBO)CR9781108681186 | ||
035 | |a (OCoLC)1437847979 | ||
035 | |a (DE-599)BVBBV049686236 | ||
040 | |a DE-604 |b ger |e rda | ||
041 | 0 | |a eng | |
049 | |a DE-945 |a DE-91 |a DE-12 |a DE-473 | ||
100 | 1 | |a Du Plessis, Stan |d 1972- |e Verfasser |0 (DE-588)134013476 |4 aut | |
245 | 1 | 0 | |a Reconsidering central bank independence |c Stan Du Plessis, Andreas Freytag, Dawie Van Lill |
264 | 1 | |a Cambridge, United Kingdom |b Cambridge University Press |c 2024 | |
264 | 4 | |c © 2024 | |
300 | |a 1 Online-Ressource (xviii, 246 Seiten) | ||
336 | |b txt |2 rdacontent | ||
337 | |b c |2 rdamedia | ||
338 | |b cr |2 rdacarrier | ||
520 | 3 | |a Central bank independence has become one of the most widely accepted tenets of modern monetary policy. According to this view, the main role of independent central banks is to maintain price stability through the adjustment of short-term interest rates. Reconsidering Central Bank Independence argues that the global financial crisis has undermined confidence in this view as central banks increasingly have to address concerns other than price stability, such as financial stability, the need for output recovery and other broader policy goals. Large balance-sheet expansion by central banks followed the global financial crisis, which overlapped considerably with the financial policy of their respective governments. Exploring the consequences of this shift to a more diverse set of policy challenges, this book calls for a return to the consensus role for central banks and analyses what this might mean for their future independence. | |
653 | 0 | |a Banks and banking, Central | |
700 | 1 | |a Freytag, Andreas |d 1958- |e Verfasser |0 (DE-588)131338544 |4 aut | |
700 | 1 | |a Van Lill, Dawie |d 1986- |e Verfasser |0 (DE-588)1244163333 |4 aut | |
776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe, Hardcover |z 978-1-108-49329-1 |
856 | 4 | 0 | |u https://doi.org/10.1017/9781108681186?locatt=mode:legacy |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
912 | |a ZDB-20-CBO | ||
912 | |a ZDB-20-CEC | ||
940 | 1 | |q ZDB-20-CEC24 | |
943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-035028910 | |
966 | e | |u https://doi.org/10.1017/9781108681186?locatt=mode:legacy |l DE-12 |p ZDB-20-CBO |q BSB_PDA_CBO |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1017/9781108681186 |l DE-91 |p ZDB-20-CEC |q TUM_Paketkauf_2024 |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1017/9781108681186?locatt=mode:legacy |l DE-473 |p ZDB-20-CBO |q UBG_PDA_CBO |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1017/9781108681186 |l DE-945 |p ZDB-20-CEC |q ZDB-20-CEC24 |x Verlag |3 Volltext |
Record in the Search Index
DE-BY-TUM_katkey | 2797058 |
---|---|
_version_ | 1821936809154707456 |
any_adam_object | |
author | Du Plessis, Stan 1972- Freytag, Andreas 1958- Van Lill, Dawie 1986- |
author_GND | (DE-588)134013476 (DE-588)131338544 (DE-588)1244163333 |
author_facet | Du Plessis, Stan 1972- Freytag, Andreas 1958- Van Lill, Dawie 1986- |
author_role | aut aut aut |
author_sort | Du Plessis, Stan 1972- |
author_variant | p s d ps psd a f af l d v ld ldv |
building | Verbundindex |
bvnumber | BV049686236 |
collection | ZDB-20-CBO ZDB-20-CEC |
ctrlnum | (ZDB-20-CBO)CR9781108681186 (OCoLC)1437847979 (DE-599)BVBBV049686236 |
doi_str_mv | 10.1017/9781108681186 |
format | Electronic eBook |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02869nam a2200445 c 4500</leader><controlfield tag="001">BV049686236</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20240819 </controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">240515s2024 xx o|||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781108681186</subfield><subfield code="c">ebook</subfield><subfield code="9">978-1-108-68118-6</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1017/9781108681186</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-20-CBO)CR9781108681186</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1437847979</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV049686236</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-945</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-12</subfield><subfield code="a">DE-473</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Du Plessis, Stan</subfield><subfield code="d">1972-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)134013476</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Reconsidering central bank independence</subfield><subfield code="c">Stan Du Plessis, Andreas Freytag, Dawie Van Lill</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Cambridge, United Kingdom</subfield><subfield code="b">Cambridge University Press</subfield><subfield code="c">2024</subfield></datafield><datafield tag="264" ind1=" " ind2="4"><subfield code="c">© 2024</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (xviii, 246 Seiten)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="520" ind1="3" ind2=" "><subfield code="a">Central bank independence has become one of the most widely accepted tenets of modern monetary policy. According to this view, the main role of independent central banks is to maintain price stability through the adjustment of short-term interest rates. Reconsidering Central Bank Independence argues that the global financial crisis has undermined confidence in this view as central banks increasingly have to address concerns other than price stability, such as financial stability, the need for output recovery and other broader policy goals. Large balance-sheet expansion by central banks followed the global financial crisis, which overlapped considerably with the financial policy of their respective governments. Exploring the consequences of this shift to a more diverse set of policy challenges, this book calls for a return to the consensus role for central banks and analyses what this might mean for their future independence.</subfield></datafield><datafield tag="653" ind1=" " ind2="0"><subfield code="a">Banks and banking, Central</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Freytag, Andreas</subfield><subfield code="d">1958-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)131338544</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Van Lill, Dawie</subfield><subfield code="d">1986-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)1244163333</subfield><subfield code="4">aut</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe, Hardcover</subfield><subfield code="z">978-1-108-49329-1</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1017/9781108681186?locatt=mode:legacy</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-20-CBO</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-20-CEC</subfield></datafield><datafield tag="940" ind1="1" ind2=" "><subfield code="q">ZDB-20-CEC24</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-035028910</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1017/9781108681186?locatt=mode:legacy</subfield><subfield code="l">DE-12</subfield><subfield code="p">ZDB-20-CBO</subfield><subfield code="q">BSB_PDA_CBO</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1017/9781108681186</subfield><subfield code="l">DE-91</subfield><subfield code="p">ZDB-20-CEC</subfield><subfield code="q">TUM_Paketkauf_2024</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1017/9781108681186?locatt=mode:legacy</subfield><subfield code="l">DE-473</subfield><subfield code="p">ZDB-20-CBO</subfield><subfield code="q">UBG_PDA_CBO</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1017/9781108681186</subfield><subfield code="l">DE-945</subfield><subfield code="p">ZDB-20-CEC</subfield><subfield code="q">ZDB-20-CEC24</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
id | DE-604.BV049686236 |
illustrated | Not Illustrated |
indexdate | 2024-12-20T20:19:03Z |
institution | BVB |
isbn | 9781108681186 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-035028910 |
oclc_num | 1437847979 |
open_access_boolean | |
owner | DE-945 DE-91 DE-BY-TUM DE-12 DE-473 DE-BY-UBG |
owner_facet | DE-945 DE-91 DE-BY-TUM DE-12 DE-473 DE-BY-UBG |
physical | 1 Online-Ressource (xviii, 246 Seiten) |
psigel | ZDB-20-CBO ZDB-20-CEC ZDB-20-CEC24 ZDB-20-CBO BSB_PDA_CBO ZDB-20-CEC TUM_Paketkauf_2024 ZDB-20-CBO UBG_PDA_CBO ZDB-20-CEC ZDB-20-CEC24 |
publishDate | 2024 |
publishDateSearch | 2024 |
publishDateSort | 2024 |
publisher | Cambridge University Press |
record_format | marc |
spellingShingle | Du Plessis, Stan 1972- Freytag, Andreas 1958- Van Lill, Dawie 1986- Reconsidering central bank independence |
title | Reconsidering central bank independence |
title_auth | Reconsidering central bank independence |
title_exact_search | Reconsidering central bank independence |
title_full | Reconsidering central bank independence Stan Du Plessis, Andreas Freytag, Dawie Van Lill |
title_fullStr | Reconsidering central bank independence Stan Du Plessis, Andreas Freytag, Dawie Van Lill |
title_full_unstemmed | Reconsidering central bank independence Stan Du Plessis, Andreas Freytag, Dawie Van Lill |
title_short | Reconsidering central bank independence |
title_sort | reconsidering central bank independence |
url | https://doi.org/10.1017/9781108681186?locatt=mode:legacy |
work_keys_str_mv | AT duplessisstan reconsideringcentralbankindependence AT freytagandreas reconsideringcentralbankindependence AT vanlilldawie reconsideringcentralbankindependence |