Central banks and financial markets: the declining power of US monetary policy
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Cheltenham
Edward Elgar
2013
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Schlagworte: | |
Online-Zugang: | TUM01 Volltext |
Beschreibung: | Includes bibliographical references (pages 186-199) and index Foreword -- 1. Introduction -- 2. The Co-evolution of Monetary Policy and the US Financial System: Declining Effectiveness of US Monetary Policy -- 3. Decreasing Balance Sheet Constraints on Financial Firms -- 4. Weakening Relationship between the Federal Funds Rate and Long-term Interest Rates: Decreasing Effectiveness of Monetary Policy in the US -- 5. Did the Fed Create the US Financial Crisis of 2008? 6. Concluding Remarks In the wake of the financial crisis of 2008, there has been increasing debate over the appropriate role of central banks in mitigating economic disaster. This timely volume combines detailed historical and econometric analyses to explore the profound changes that occurred within the US financial system from the 1980s to the present, and shows how these changes have affected the US economy. Hasan Cömert demonstrates how dramatic shifts in the financial system undermined the ability of the US Federal Reserve to control the price and quantity of credit. He identifies several key factors that facilitated this loss of control, including deregulation, rapid financial innovations, increased financial integration and a number of policy decisions implemented within the Federal Reserve itself. Through a combination of several methods, including historical and institutional analyses, descriptive statistics, simulation and econometric techniques, the author provides a well-rounded and vitally important picture of the US financial system and offers insightful policy recommendations for the future |
Beschreibung: | 1 Online-Ressource (xii, 207 pages) |
ISBN: | 1781004048 1781004056 9781781004043 9781781004050 |
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500 | |a In the wake of the financial crisis of 2008, there has been increasing debate over the appropriate role of central banks in mitigating economic disaster. This timely volume combines detailed historical and econometric analyses to explore the profound changes that occurred within the US financial system from the 1980s to the present, and shows how these changes have affected the US economy. Hasan Cömert demonstrates how dramatic shifts in the financial system undermined the ability of the US Federal Reserve to control the price and quantity of credit. He identifies several key factors that facilitated this loss of control, including deregulation, rapid financial innovations, increased financial integration and a number of policy decisions implemented within the Federal Reserve itself. Through a combination of several methods, including historical and institutional analyses, descriptive statistics, simulation and econometric techniques, the author provides a well-rounded and vitally important picture of the US financial system and offers insightful policy recommendations for the future | ||
610 | 1 | 7 | |a Global Financial Crisis / (2008-2009) |2 fast |
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650 | 4 | |a Global Financial Crisis, 2008-2009 | |
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650 | 0 | 7 | |a Finanzkrise |0 (DE-588)7635855-0 |2 gnd |9 rswk-swf |
651 | 4 | |a USA | |
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Datensatz im Suchindex
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any_adam_object | |
author | Cömert, Hasan |
author_GND | (DE-588)140634304 |
author_facet | Cömert, Hasan |
author_role | aut |
author_sort | Cömert, Hasan |
author_variant | h c hc |
building | Verbundindex |
bvnumber | BV042741128 |
collection | ZDB-4-NLEBK |
ctrlnum | (OCoLC)850380640 (DE-599)BVBBV042741128 |
dewey-full | 332.4973 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 332 - Financial economics |
dewey-raw | 332.4973 |
dewey-search | 332.4973 |
dewey-sort | 3332.4973 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
era | 1900 - 2099 fast Geschichte 1900-2000 Geschichte 1980-2008 gnd |
era_facet | 1900 - 2099 Geschichte 1900-2000 Geschichte 1980-2008 |
format | Electronic eBook |
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id | DE-604.BV042741128 |
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indexdate | 2024-07-10T07:08:37Z |
institution | BVB |
isbn | 1781004048 1781004056 9781781004043 9781781004050 |
language | English |
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spelling | Cömert, Hasan Verfasser (DE-588)140634304 aut Central banks and financial markets the declining power of US monetary policy H. Cömert Cheltenham Edward Elgar 2013 1 Online-Ressource (xii, 207 pages) txt rdacontent c rdamedia cr rdacarrier Includes bibliographical references (pages 186-199) and index Foreword -- 1. Introduction -- 2. The Co-evolution of Monetary Policy and the US Financial System: Declining Effectiveness of US Monetary Policy -- 3. Decreasing Balance Sheet Constraints on Financial Firms -- 4. Weakening Relationship between the Federal Funds Rate and Long-term Interest Rates: Decreasing Effectiveness of Monetary Policy in the US -- 5. Did the Fed Create the US Financial Crisis of 2008? 6. Concluding Remarks In the wake of the financial crisis of 2008, there has been increasing debate over the appropriate role of central banks in mitigating economic disaster. This timely volume combines detailed historical and econometric analyses to explore the profound changes that occurred within the US financial system from the 1980s to the present, and shows how these changes have affected the US economy. Hasan Cömert demonstrates how dramatic shifts in the financial system undermined the ability of the US Federal Reserve to control the price and quantity of credit. He identifies several key factors that facilitated this loss of control, including deregulation, rapid financial innovations, increased financial integration and a number of policy decisions implemented within the Federal Reserve itself. Through a combination of several methods, including historical and institutional analyses, descriptive statistics, simulation and econometric techniques, the author provides a well-rounded and vitally important picture of the US financial system and offers insightful policy recommendations for the future Global Financial Crisis / (2008-2009) fast 1900 - 2099 fast Geschichte 1900-2000 Geschichte 1980-2008 gnd rswk-swf BUSINESS & ECONOMICS / Money & Monetary Policy bisacsh Banks and banking, Central fast Monetary policy fast Geschichte Wirtschaft Monetary policy United States History 20th century Monetary policy United States History 21st century Banks and banking, Central United States Global Financial Crisis, 2008-2009 Finanzwirtschaft (DE-588)4017214-4 gnd rswk-swf Notenbank (DE-588)4042669-5 gnd rswk-swf Geldpolitik (DE-588)4019902-2 gnd rswk-swf Finanzkrise (DE-588)7635855-0 gnd rswk-swf USA USA (DE-588)4078704-7 gnd rswk-swf USA (DE-588)4078704-7 g Geldpolitik (DE-588)4019902-2 s Notenbank (DE-588)4042669-5 s Finanzwirtschaft (DE-588)4017214-4 s Finanzkrise (DE-588)7635855-0 s Geschichte 1980-2008 z 1\p DE-604 http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=588340 Aggregator Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
spellingShingle | Cömert, Hasan Central banks and financial markets the declining power of US monetary policy Global Financial Crisis / (2008-2009) fast BUSINESS & ECONOMICS / Money & Monetary Policy bisacsh Banks and banking, Central fast Monetary policy fast Geschichte Wirtschaft Monetary policy United States History 20th century Monetary policy United States History 21st century Banks and banking, Central United States Global Financial Crisis, 2008-2009 Finanzwirtschaft (DE-588)4017214-4 gnd Notenbank (DE-588)4042669-5 gnd Geldpolitik (DE-588)4019902-2 gnd Finanzkrise (DE-588)7635855-0 gnd |
subject_GND | (DE-588)4017214-4 (DE-588)4042669-5 (DE-588)4019902-2 (DE-588)7635855-0 (DE-588)4078704-7 |
title | Central banks and financial markets the declining power of US monetary policy |
title_auth | Central banks and financial markets the declining power of US monetary policy |
title_exact_search | Central banks and financial markets the declining power of US monetary policy |
title_full | Central banks and financial markets the declining power of US monetary policy H. Cömert |
title_fullStr | Central banks and financial markets the declining power of US monetary policy H. Cömert |
title_full_unstemmed | Central banks and financial markets the declining power of US monetary policy H. Cömert |
title_short | Central banks and financial markets |
title_sort | central banks and financial markets the declining power of us monetary policy |
title_sub | the declining power of US monetary policy |
topic | Global Financial Crisis / (2008-2009) fast BUSINESS & ECONOMICS / Money & Monetary Policy bisacsh Banks and banking, Central fast Monetary policy fast Geschichte Wirtschaft Monetary policy United States History 20th century Monetary policy United States History 21st century Banks and banking, Central United States Global Financial Crisis, 2008-2009 Finanzwirtschaft (DE-588)4017214-4 gnd Notenbank (DE-588)4042669-5 gnd Geldpolitik (DE-588)4019902-2 gnd Finanzkrise (DE-588)7635855-0 gnd |
topic_facet | Global Financial Crisis / (2008-2009) BUSINESS & ECONOMICS / Money & Monetary Policy Banks and banking, Central Monetary policy Geschichte Wirtschaft Monetary policy United States History 20th century Monetary policy United States History 21st century Banks and banking, Central United States Global Financial Crisis, 2008-2009 Finanzwirtschaft Notenbank Geldpolitik Finanzkrise USA |
url | http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=588340 |
work_keys_str_mv | AT comerthasan centralbanksandfinancialmarketsthedecliningpowerofusmonetarypolicy |