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Open Issues in European Central Banking

  • Lorenzo Bini Smaghi
  • Daniel Gros

Table of contents

  1. Front Matter
    Pages i-ix
  2. Lorenzo Bini Smaghi, Daniel Gros
    Pages 1-4
  3. Lorenzo Bini Smaghi, Daniel Gros
    Pages 5-28
  4. Lorenzo Bini Smaghi, Daniel Gros
    Pages 29-66
  5. Lorenzo Bini Smaghi, Daniel Gros
    Pages 67-93
  6. Lorenzo Bini Smaghi, Daniel Gros
    Pages 94-117
  7. Lorenzo Bini Smaghi, Daniel Gros
    Pages 118-143
  8. Lorenzo Bini Smaghi, Daniel Gros
    Pages 144-170
  9. Lorenzo Bini Smaghi, Daniel Gros
    Pages 171-175
  10. Back Matter
    Pages 176-209

About this book

Introduction

With the start of EMU, the Eurosystem has taken over monetary policy for the 11 countries of the Euro-area. But the division of powers within the Eurosystem, between the European Central Bank and the constituent National Central Banks, is not satisfactory. This volume provides an analysis of the strengths and weaknesses of the Eurosystem and offers concrete proposals concerning the decision-making organs, balance sheets and the distribution of seigniorage.

Keywords

bank banking European Central Bank Japan monetary policy monetary union

Authors and affiliations

  • Lorenzo Bini Smaghi
    • 1
  • Daniel Gros
    • 2
  1. 1.Italian TreasuryRomeItaly
  2. 2.Centre for European Policy StudiesBrusselsBelgium

Bibliographic information

Industry Sectors
Finance, Business & Banking