ABSTRACT
After fifty years the Deutsche Bundesbank - the central bank that dominated European monetary affairs - has stepped down to entrust monetary policy to the European Central Bank (ECB). This is the first research work to thoroughly explore the lessons to be learned from the Bundesbank by the ECB, in areas such as price stability and political interference.
TABLE OF CONTENTS
chapter |28 pages
Credibly conservative monetary policy and labour–goods market organisation
A review with implications for ECB-led monetary policy in Europe
