Fundamentals of Monetary Policy in the Euro Area Concepts – Markets – Institutions
Publisher: Bookboon.com
Published: 2013
ISBN-13: 9788740310047
Table of contents: title: Sisältö; title: Introduction and motivation; title: Basic concepts; title: Learning objectives; title: Some economic concepts; title: Some statistical concepts; title: A short history of EMU; title: Learning objectives; title: The roadmap to EMU; title: Convergence criteria; title: The concept of an optimal currency area; title: Advantages and disadvantages of a monetary union; title: Some controversies about the road; title: Institutions; title: Learning objectives; title: The European Union; title: The European Central Bank; title: Presidents of the European Central Bank; title: The Rise of the Euro; title: A closer look at the U.S. Federal Reserve System; title: A closer look at the Bank of Japan; title: A closer look at the Bank of England; title: Decision-making modalities; title: Independence and accountability; title: Inflation; title: Learning objectives; title: Basic concepts; title: Effects of inflation; title: Measuring inflation; title: Core and non-core inflation; title: Measurement problems; title: Hyperinflation; title: Sacrifice ratios; title: Causes of inflation; title: Learning objectives; title: The Quantity Theory; title: The Phillips Curve; title: The P-Star Approach; title: The aggregate supply and demand model; title: Role and limitations of monetary policy; title: Empirical evidence; title: Monetary policy strategies; title: Learning objectives; title: Intermediate targets and indicators; title: Monetary policy strategies; title: The monetary policy strategy of the ECB; title: Functions of money; title: Financial markets; title: Learning objectives; title: Functions of the financial system; title: Direct and indirect finance; title: Financial institutions; title: Integration of financial markets; title: Interest rates; title: Learning objectives; title: Basic considerations; title: Present value and future value; title: Determinants of interest rates; title: Determinants of the term structure; title: Money markets; title: Learning objectives; title: Basic considerations; title: Some key interest rates worldwide; title: Bond markets; title: Learning objectives; title: Basic considerations; title: Types of bonds; title: Calculating the value of a bond; title: Bond ratings; title: Stock markets; title: Learning objectives; title: Basic considerations; title: Calculating the value of a stock; title: Technical and fundamental analysis; title: The Graham approach; title: Stock market indices; title: Equity risk premium; title: The concept of Beta; title: Foreign exchange markets; title: Learning objectives; title: Basic considerations; title: Purchasing power parity; title: Interest rate parity; title: Exchange market interventions; title: Exchange rate regimes; title: ERM II; title: Derivative markets; title: Learning objectives; title: Basic considerations; title: Forward and futures contracts; title: Swaps; title: Options; title: Credit default swaps; title: Market efficiency; title: Learning objectives; title: Forms of efficiency; title: Behavioural finance; title: Banks and other financial institutions; title: Learning objectives; title: Commercial banks; title: Other financial intermediaries; title: Leveraging and deleveraging; title: Banks runs and banking crises; title: Key features of the banking system in the euro area; title: Money supply and money demand; title: Learning objectives; title: Monetary aggregates; title: The money supply process; title: Money demand; title: On the control of money supply; title: The monetary policy transmission process; title: Time lags of monetary policy; title: Interest rate decisions of the ECB; title: Monetary policy instruments in the euro area; title: Monetary policy in times of financial crisis; title: Enhanced credit support; title: The Securities Market Programme; title: Three-year longer-term refinancing operations; title: Outright Monetary Transactions; title: Forward guidance; title: Negative deposit rates; title: ABS and covered bond purchase programme; title: Expanded asset purchase programme; title: TARGET2 issues; title: The way forward; title: Monetary policy in practice; title: Learning objectives; title: Real interest rates; title: Monetary Condition Indices; title: The McCallum rule; title: The Taylor rule; title: Monetary indicators; title: Asset price bubbles and monetary policy; title: Learning objectives; title: Asset price imbalances; title: Some historical examples; title: Debt-deflation and the Minsky moment; title: Detecting asset price booms and busts; title: Early warning indicator models; title: Monetary policy, asset and consumer prices; title: Monetary policy responses; title: Multiple Choice test; title: List of symbols and abbreviations; title: List of country codes; title: Glossary; title: References