This book provides an in-depth description and analysis of monetary policy in Europe and the United States. Focusing specifically on the European Central Bank, it offers one of the first comprehensive guides to understanding the targets, strategy, and instruments of the ECB.
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Peter Bofinger is Full Professor and Chair in Monetary and International Economics at the University of Wuerzburg. He is also Consultant for the European Commission, the European Parliament, the Government of Kazakstan, and the Central Bank of Uzbekistan.
`This book is a must for those who are concerned deeply with monetary policy, whether it is an academic or practitioner interest.'
Financial Times Deutschland
`This book is one that both practitioners and non-practitioners alike can benefit from. . . . a valuable contribution to the literature on the subject. It is [Bofinger's] blend of analysis of institutional practice within a theoretical framework that makes his book so useful.'
CentralBankNet.com
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