On the problem of a uniform monetary policy in an inhomogeneous currency area
- Brand: Storp, Dr. Nicole
- Availability: In stock
- SKU: 9783863762117
€49,90
This dissertation provides an analytical and coherent presentation of the problem of a uniform monetary policy in an inhomogeneous currency area. To this end, the critical situation in the European Monetary Union is discussed, the effects of the uniform, highly expansive monetary policy of the European Central Bank are examined...
This dissertation provides an analytical and coherent presentation of the problem of a uniform monetary policy in an inhomogeneous currency area. To this end, the critical situation in the European Monetary Union is discussed, the effects of the uniform, highly expansive monetary policy of the European Central Bank are examined and possible solutions are outlined with which the current crisis can be overcome. In the first main part, in addition to the well-known characteristics of optimal currency areas, additional requirements are derived based on the experiences made so far in the euro area. These include homogeneous economic policy objectives, functioning financial markets, but also the existence of exit options. The second main part deals primarily with the uneven developments in the euro area, the expansive monetary policy of the ECB and the TARGET2 balances, which are examined both theoretically and empirically. Finally, in the third main part, the results are brought together, in particular by applying the moral hazard problem in a currency union in a game-theoretical manner and by working out a combined solution proposal for correcting critical developments in the euro zone.
Details
- Title: On the problem of a uniform monetary policy in an inhomogeneous currency area
- Author: Dr. Nicole Storp
- Edition: 1st edition
- Cover photo: © Eisenhans - stock.adobe.com
- University: Georg-August University of Göttingen
- Released: 1st edition 06/11/2019
- Subject: Economics
- Product Type: Book (Hardcover)
- Product type: Dissertation
- Language: German
- Binding: Softcover (paperback)
- Dimensions: 21.0 x 14.8 cm (DIN A5)
- Extent: XV / 431 pages
- Condition: New (shrink-wrapped in foil)
- Keywords: Labor mobility, exit prospects, uniform monetary policy, ELA, euro countries, EMU, expansive monetary policy, financial crisis, monetary policy, inflation rate, inhomogeneous EMU, capital mobility, economic development, conventional monetary policy of the ECB, current account, key interest rates, moral hazard problem, emergency Liquidity plan, OMT, SMP, Target2 balances, competition, currency swaps, EMU centralization, interest rate theories, two-pillar strategy ECB
Author
The author Nicole Storp completed her bachelor's degree in economics at the Rheinische Friedrich-Wilhelms-Universität Bonn in 2010. She then studied International Economics at the Georg-August University in Göttingen and at the University of Mississippi. From 2013 to 2019 she worked as a research assistant at the Chair of International and Monetary Economics at the University of Göttingen.
Downloads
DRM: Digital Watermark
This eBook contains a digital watermark and is therefore personalized for you. If the eBook is passed on to third parties abusively, it is possible to trace it back to the source.
File format: PDF (Portable Document Format)
With a fixed page layout, the PDF is particularly suitable for specialist books with columns, tables and figures. A PDF can be displayed on almost all devices, but is only suitable to a limited extent for small displays (smartphone, e-reader).
System requirements:
PC/Mac: You can read this eBook with a PC or Mac. You need a PDF viewer - e.g. Adobe Reader.
eReader: This eBook can be read with (almost) all eBook readers. However, it is not compatible with the Amazon Kindle.
Smartphone/Tablet: Whether Apple or Android, you can read this eBook. You need a PDF viewer - e.g. Adobe Reader.
Buying eBooks from abroad
For tax law reasons we can sell eBooks just within Germany and Switzerland. Regrettably we cannot fulfill eBook orders from other countries.