Monetary Policy, Financial Crises, and the Macroeconomy Festschrift for Gerhard Illing / edited by Frank Heinemann, Ulrich Klüh, Sebastian Watzka.

This volume investigates different aspects of monetary policy and prevention of financial crises. It discusses some recently suggested measures for central banks' responses to liquidity shortages and to the liquidity trap, methods for assessing the potential of crisis contagion via the interban...

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Bibliographic Details
Corporate Author: SpringerLink (Online service)
Other Authors: Heinemann, Frank (Editor), Klüh, Ulrich (Editor), Watzka, Sebastian (Editor)
Format: eBook
Language:English
Published: Cham : Springer International Publishing : Imprint: Springer, 2017.
Edition:1st ed. 2017.
Series:Springer eBook Collection.
Subjects:
Online Access:Click to view e-book
Holy Cross Note:Loaded electronically.
Electronic access restricted to members of the Holy Cross Community.
Table of Contents:
  • Introduction
  • Part I Liquidity From a Macroeconomic Perspective
  • Balancing Lender of Last Resort Assistance with Avoidance of Moral Hazard
  • Network Effects and Systemic Risk in the Banking Sector
  • Optimal Central Bank Policy in Different Financial Systems
  • Contagion Risk during the Euro Area Sovereign Debt Crisis: Greece, Convertibility Risk, and the ECB as Lender of Last Resort
  • The Case for the Separation of Money and Credit
  • Part II Putting Theory to Work: Macro-Financial Economics from a Policy Perspective
  • (Monetary) Policy Options for the Euro Area: A Compendium to the Crisis
  • On Inflation Targeting and Foreign Exchange Interventions in a Dual Currency Economy
  • Macroprudential Analysis and Policy - Interactions and Operationalization
  • Are Through-the-Cycle Credit Risk Models a Beneficial Macro-Prudential Policy Tool?
  • Assessing Recent House Price Developments in Germany – An Overview
  • Part III Re-Conceptualizing Macroeconomics: An Interdisciplinary Perspective
  • German Unification: Macroeconomic Consequences for the Country
  • Approaches to Solving the Eurozone Sovereign Default Problem
  • Appraising Sticky Prices, Sticky Information, and Limited Higher-Order Beliefs in Light of Experimental Data
  • Rising Income Inequality: An Incentive Contract Explanation
  • No More Cakes and Ale: Banks and Banking Regulation in the Post-Bretton-Woods Macro-Regime
  • Letter to Gerhard Illing.