What is the role of central banks in ensuring financial stability? This paper addresses this controversial subject, in part by drawing on the experiences in Eur

An overview of present day thought on the very topical subject of financial stability and central banking. The papers, written by leading researchers, provide a

This open access book gives a concise introduction to the practical implementation of monetary policy by modern central banks. It describes the conventional ins

Understand the theories and interpret the actions of modern central banks Central Banking takes a comprehensive look at the topic of central banking, and provid

Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the internation