The History of the Bundesbank
Lessons for the European Central Bank
Routledge International Studies in Money and Banking Series

Coordinator: De Haan Jakob

Language: English

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The History of the Bundesbank
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· 15.6x23.4 cm · Paperback

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The history of the Bundesbank lessons for the European central bank
Publication date:
176 p. · 15.6x23.4 cm · Hardback
After fifty years the Deutsche Bundesbank - the central bank that dominated European monetary affairs - has stepped down to entrust monetary policy to the European Central Bank (ECB). This is the first research work to thoroughly explore the lessons to be learned from the Bundesbank by the ECB, in areas such as price stability and political interference.

Introduction Jakob de Haan 1. Introductory remarks on 50 years of Bundesbank: lessons for the ECB André Szász 2. How independent is the Bundesbank really? A survey Philipp Maier and Jakob de Haan 3. The Bundesbank's reaction to policy conflicts Helge Berger and Friedrich Schneider 4. From low inflation to price stability in Germany: measurement, costs and benefits Karl-Heinz Tödter and Gerhard Ziebarth 5. Credibly conservative monetary policy and labour-goods-market organisation: a review with implications for ECB-led monetary policy in Europe Robert J. Franzese, Jr. 6. Monetary policy of the ECB: strategy and instruments Sylvester C.W. Eijffinger 7. The European central bank as a new institution and the problem of accountability Otmar Issing

Postgraduate
Jakob de Haan is Jean Monnet Professor and Director of the research school Systems, Organisation and Management at the University of Groningen, The Netherlands