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Les banques centrales doivent-elles être indépendantes?
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ISBN: 9782916623023 Year: 2008 Publisher: Bordeaux Prométhée

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The role of money : money and monetary policy in the twenty-first century.
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ISBN: 9789289902076 9289902078 9789289902083 9289902086 Year: 2008 Publisher: Frankfurt am Main European central bank


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Writing clearly : ECB's monetary policy communication
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ISBN: 1462391109 1452714762 1451871104 128284203X 9786612842030 1451915632 Year: 2008 Volume: WP/08/252 Publisher: [Washington, District of Columbia] : International Monetary Fund,

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The paper presents a methodology for measuring the clarity of central bank communication, illustrating it with the case of the European Central Bank (ECB) in 1999-2007. The analysis identifies the ECB's written communication as clear about 95 percent of instances, which is comparable to, or even better than, other central banks for which a similar analysis is available. We also find that the additional information contained in the ECB's Monthly Bulletins helps to improve communication clarity compared to ECB's press releases. In particular, the Bulletins contain useful clarifying information on individual inflation factors and the overall forecast risk; in contrast, the bulletin's communication on monetary shocks has a negative, albeit small, impact on clarity.

The birth of the Euro
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ISBN: 9780521731867 9780521516730 0521731860 0521516730 9780511754111 9780511429804 0511429800 9780511426667 0511426666 0511429428 9780511429422 0511754116 9780511427626 051142762X 1107191025 1281791326 9786611791322 0511428235 0511428944 Year: 2008 Publisher: Cambridge, UK New York Cambridge University Press

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Today, 318 million people in 15 countries use the Euro, which now rivals the importance of the US Dollar in the world economy. This is an outcome that few would have predicted with confidence when the Euro was launched. How can we explain this success and what are the prospects for the future? There is nobody better placed to answer these questions than Otmar Issing, who as a founding member of the Executive Board of the European Central Bank (1998-2006), was one of the Euro's principal architects. His story is a unique insider account, combining personal memoir with reference to the academic and policy literature. Free of jargon, this is a very human reflection on a unique historical experiment and a key reference for all academics, policy makers, and 'Eurowatchers' seeking to understand how the Euro has got to where it is today and what challenges lie ahead.

Keywords

Monetary unions --- Monetary policy --- Euro --- Eurozone --- Unions monétaires --- Politique monétaire --- Euro (Monnaie) --- Zone euro --- European Central Bank --- Europe --- Economic integration --- Intégration économique --- Euro area --- 262 Europese economische en monetaire politiek --- EEC / European Union - EU -Europese Unie - Union Européenne - UE --- 334.151.20 --- 334.151.21 --- 334.151.25 --- 339.7 --- 339.72 --- -Euro --- 332.4566094 --- Ui1 --- Money --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Economische en monetaire unie van de Europese Gemeenschappen: algemeenheden. --- Europese centrale bank. ESCB. Centrale banken. --- Rekeneenheid, gemeenschappelijke munt van de Europese Gemeenschappen. ECU. Euro. --- Internationale financien. Buitenlands betalingsverkeer --(z.o {336})--EU --- Internationaal betalingsverkeer. Valutahandel. Wisselmarkten. Deviezenhandel. Internationale kapitaalmarkt. Flow and funds analysis. Betalingsbalans. Internationale geldmarkt. --- Economic and Monetary Union --- ECB --- Banque centrale européenne --- BCE --- Banco Central Europeo --- Banca centrale europea --- Europäische Zentralbank --- Európska centrálna banka --- EMU --- WWU --- Europäische Wirtschafts- und Währungsunion --- Unión Económica y Monetaria Europea --- Oikonomikē kai Nomismatikē Henōsē --- ONE --- European Monetary Union --- Talous- ja rahaliitto --- Unione monetaria --- Euroopan talous- ja rahaliitto --- Rahaliitto --- European Economic and Monetary Union --- UME --- Unione monetaria europea --- EWWU --- Unión Monetaria Europea --- Ekonomiska och monetära unionen --- Union monétaire européenne --- Union économique et monétaire européenne --- UEM --- Unia Gospodarcza i Walutowa --- History. --- Euro. --- Eurozone. --- 339.7 Internationale financien. Buitenlands betalingsverkeer --(z.o {336})--EU --- 339.72 Internationaal betalingsverkeer. Valutahandel. Wisselmarkten. Deviezenhandel. Internationale kapitaalmarkt. Flow and funds analysis. Betalingsbalans. Internationale geldmarkt. --- Unions monétaires --- Politique monétaire --- Intégration économique --- Euro zone --- Economische en monetaire unie van de Europese Gemeenschappen: algemeenheden --- Europese centrale bank. ESCB. Centrale banken --- Rekeneenheid, gemeenschappelijke munt van de Europese Gemeenschappen. ECU. Euro --- Internationaal betalingsverkeer. Valutahandel. Wisselmarkten. Deviezenhandel. Internationale kapitaalmarkt. Flow and funds analysis. Betalingsbalans. Internationale geldmarkt --- Economic integration. --- European Central Bank. --- Common currencies --- Currency areas --- Currency unions --- Optimum currency areas --- Currency question --- EZB --- Business, Economy and Management --- Economics --- Monetary policy - Europe --- Europe - Economic integration --- Euro area.

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