Skip to main content
Taylor & Francis Group Logo
    Advanced Search

    Click here to search products using title name,author name and keywords.

    • Login
    • Hi, User  
      • Your Account
      • Logout
      Advanced Search

      Click here to search products using title name,author name and keywords.

      Breadcrumbs Section. Click here to navigate to respective pages.

      Book

      The Economics of Central Banking
      loading

      Book

      The Economics of Central Banking

      DOI link for The Economics of Central Banking

      The Economics of Central Banking book

      The Economics of Central Banking

      DOI link for The Economics of Central Banking

      The Economics of Central Banking book

      ByLivio Stracca
      Edition 1st Edition
      First Published 2018
      eBook Published 17 April 2018
      Pub. Location London
      Imprint Routledge
      DOI https://doi.org/10.4324/9781315099521
      Pages 144
      eBook ISBN 9781315099521
      Subjects Economics, Finance, Business & Industry
      Share
      Share

      Get Citation

      Stracca, L. (2018). The Economics of Central Banking (1st ed.). Routledge. https://doi.org/10.4324/9781315099521

      ABSTRACT

      This book offers a comprehensive analysis of central banks, and aims to demystify them for the general public, which is the only way to have a rational debate about them and ultimately to make them truly accountable.

      The book originates from the author’s graduate lectures on Central Banking at the University of Frankfurt J.W. Goethe. It contains an overview of all the key questions surrounding central banks and their role in the economy. It leads the reader from the more established concepts (including monetary theory and historical experience), necessary to have a good grasp of modern central banking, to the more open and problematic questions, which are being debated within academic and financial market circles. This structure enables readers without specific knowledge of central banks or monetary economics to understand the current challenges.

      The book has three defining characteristics, which set it apart from competing titles: first, it is pitched at the general public and uses simple and entertaining language. Second, it is rooted in, and makes frequent reference to, recent academic research, based on content for a graduate level course. Third, the author thinks 'out of the box' in order to describe the possible evolution of central banks (including the prospect of their disappearance), and not only the status quo. 

      TABLE OF CONTENTS

      chapter 1|17 pages

      Money and central banks

      chapter 2|17 pages

      How monetary policy works

      The mainstream model

      chapter 3|13 pages

      Three questions on the mainstream model

      chapter 4|23 pages

      The zero lower bound problem

      chapter 5|21 pages

      Financial stability and the lender of last resort function of central banks

      chapter 6|10 pages

      Will paper currency disappear and will this be a problem?

      chapter 7|17 pages

      Will we ever have a global central bank?

      chapter 8|11 pages

      Will central banks disappear?

      T&F logoTaylor & Francis Group logo
      • Policies
        • Privacy Policy
        • Terms & Conditions
        • Cookie Policy
        • Privacy Policy
        • Terms & Conditions
        • Cookie Policy
      • Journals
        • Taylor & Francis Online
        • CogentOA
        • Taylor & Francis Online
        • CogentOA
      • Corporate
        • Taylor & Francis Group
        • Taylor & Francis Group
        • Taylor & Francis Group
        • Taylor & Francis Group
      • Help & Contact
        • Students/Researchers
        • Librarians/Institutions
        • Students/Researchers
        • Librarians/Institutions
      • Connect with us

      Connect with us

      Registered in England & Wales No. 3099067
      5 Howick Place | London | SW1P 1WG © 2022 Informa UK Limited