Global Imbalances, Financial Crises, and Central Bank Policies

Paperback Engels 2016 9780128104026
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Global Imbalances, Financial Crises, and Central Bank Policies assesses the relationships between global imbalances, financial crises, and central bank policies, with a specific focus on their reserves. The book contains a strictly international perspective with an analysis based on empirical research that enables the reader to develop an analytical model that emphasizes interactions among individual central banks. With this innovative approach, the book develops a new method for defining an optimal demand for reserves. In addition, the book describes implications for financial reforms that might ultimately be more important than its empirical findings.

Specificaties

ISBN13:9780128104026
Taal:Engels
Bindwijze:Paperback
Aantal pagina's:204

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Inhoudsopgave

1 Overview

2 Accounting for Official Capital Flows

3 Current Account Imbalances: The Role of Official Capital Flows

4 Determinants of the Public Budget Balance: The Role of Official Capital Flows

5 Reserve Accumulation and Financial Crises: From Individual Protection to Systemic Risk

6 Global Aspects of Central Bank Policies

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          Global Imbalances, Financial Crises, and Central Bank Policies