© 1998

Current Issues in Monetary Economics

  • Helmut Wagner
Conference proceedings

Part of the Contributions to Economics book series (CE)

Table of contents

  1. Front Matter
    Pages I-VI
  2. Introduction

    1. Helmut Wagner
      Pages 1-12
  3. Monetary Policy: Recent Theory and Practice

  4. Central Bank Design

    1. Front Matter
      Pages 23-23
    2. Game Theoretic Analysis of Monetary Policy Institutions

      1. Hans-Peter Grüner
        Pages 53-59
    3. Outline of Two Controversial Positions on Central Bank Autonomy

  5. Monetary Policies: Strategies and Implementation

    1. Front Matter
      Pages 89-89
    2. Theoretical Considerations on Strategies in Monetary Policy

    3. Conceptual Problems of Monetary Policy

  6. Theoretical Aspects of Exchange Rate Policy and Monetary Union

    1. Front Matter
      Pages 173-173
    2. Problems of Flexible and Fixed Exchange Rates

      1. Michael Frenkel
        Pages 177-241
      2. Manfred Willms
        Pages 243-247
    3. Approaching European Monetary Union: On Conversion Rates

  7. Monetary and Exchange Rate Policy in Developing and Transition Countries: Selected Issues

    1. Front Matter
      Pages 285-285

About these proceedings


Helmut Wagner University of Hagen, Feithstr. 140, D - 58084 Hagen In the last few years decisive methodological and thematic focal points which are important for practical economic policy have been developed in the theory of monetary and exchange rate policy. This book is concerned with these developments, their assessment and the open questions which have still not been solved. It is divided into four parts. The first part deals with central bank design, the second with strategies of monetary policies and their implementation. Part III is concerned with theoretical aspects of exchange rate policy and monetary union, and part IV with selected issues of monetary and exchange rate policy in developing and transition countries. In the following pages I will provide an 1 overview of the individual articles With the exception of the article by Nobel . Laureate James Tobin, the contributions contained in this book were all introduced and discussed at an academic symposium I organized in Castrop­ Rauxel on 8 and 9 September 1997. James Tobin agreed spontaneously to my suggestion that he should write a comprehensive article especially for this publication. A short summary of the comments or supplementary papers and of the general discussions will be given in the last section of this book, titled "Conclusion and Supplements". There I will also provide some supplements respecting the issues which were the subject of the greatest amount of debate at the symposium.


Central Banking Euro Exchange Rate Policy Geldpolitik Wechselkurs Wechselkurspolitik Währung Währungspolitik Zentralbank Zentralbankpolitik monetary economics monetary policy monetary union

Editors and affiliations

  • Helmut Wagner
    • 1
  1. 1.University of HagenHagenGermany

Bibliographic information

  • Book Title Current Issues in Monetary Economics
  • Editors Helmut Wagner
  • Series Title Contributions to Economics
  • DOI
  • Copyright Information Physica-Verlag Heidelberg 1998
  • Publisher Name Physica-Verlag HD
  • eBook Packages Springer Book Archive
  • Softcover ISBN 978-3-7908-1127-8
  • eBook ISBN 978-3-642-99797-6
  • Series ISSN 1431-1933
  • Edition Number 1
  • Number of Pages VI, 356
  • Number of Illustrations 0 b/w illustrations, 0 illustrations in colour
  • Topics Macroeconomics/Monetary Economics//Financial Economics
  • Buy this book on publisher's site
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