Monetary Policy Operations and the Financial System - Hardcover

Bindseil, Ulrich

Hardcover

ISBN 10: 0198716907 ISBN 13: 9780198716907

Publisher: Oxford University Press, 2014

Synopsis

An introduction to the way that central banks implement monetary policy through market operations. It explains monetary policy operations in normal times, reviews the basic mechanics of financial crises, and explains what central banks need to do to fulfil their monetary policy and financial stability mandates when markets and banks are impaired.

About this title

About the Author

Ulrich Bindseil, Director General Market Operations, European Central Bank

After his studies, Ulrich Bindseil joined the Deutsche Bundesbank's economics department in 1994. In 1997, he moved on to the European Monetary Institute and to the European Central bank in 1998. There, he was subsequently responsible for the Liquidity Management Section, the Risk Management Division, and finally for the Directorate General Market Operations (since 2012). He has been a lecturer and visiting professor at the Technical University of Berlin since 2008 and has published in the areas of central bank market operations, risk management, and European governance.

Edition details

• Publisher: Oxford University Press
• Publication date: 2014
• Language: English
• ISBN 10: 0198716907
• ISBN 13: 9780198716907
• Binding: Hardcover
• Number of pages: 320