Advanced Introduction to Central Banks and Monetary Policy

Written by two expert economists, this comprehensive Advanced Introduction provides a thorough and up-to-date analysis of central banks and monetary policy, analysing the ways in which views about monetary policy have developed and changed.

Key Features:

• Provides a historical overview of the gestation of the Bank of England, the Federal Reserve, and the European Central Bank
• Analyses the processes involved in monetary policymaking, including strategy reviews, policy instruments, and central bank communication, whilst considering financial stability and crisis management
• Concludes with a look towards the future challenges faced by central banks, including the low interest rate environment and the greening of central bank policies

Accessible and informative, this Advanced Introduction will prove a vital resource to students and scholars of economics and finance. It will also prove invaluable to practitioners and policymakers interested in financial sector supervision and regulation in central banks.