Global Imbalances, Financial Crises, and Central Bank Policies
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Product details:
- Publisher Elsevier Science
- Date of Publication 15 August 2016
- ISBN 9780128104026
- Binding Paperback
- No. of pages204 pages
- Size 228x152 mm
- Weight 450 g
- Language English 0
Categories
Long description:
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.
MoreTable of Contents:
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
More