The Economics of Central Banking - 9781138496712

Money and central banks -- How monetary policy works : the mainstream model -- Three questions on the mainstream model -- The zero lower bound problem -- Financial stability and the lender of last resort function of central banks -- Will paper currency disappear and will this be a problem? -- Will we ever have a global central bank? -- Will central banks disappear?

• | Author: Livio Stracca
• | Publisher: Routledge
• | Publication Date: Apr 12, 2018
• | Number of Pages: 144 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 1138496715
• | ISBN-13: 9781138496712