Product details: Wordery

Economics of Target Balances From Lehman to Corona by Hans-Werner Sinn 9783030501693 (Paperback, 2020)

Delivery

UK delivery is usually within 10 to 12 working days.
International delivery varies by country, please see the Wordery store help page for details.

Product details

Format:
Paperback
Language of text:
English
Isbn-13:
9783030501693, 978-3030501693
Author:
Hans-Werner Sinn
Publisher:
Springer Nature Switzerland AG
Imprint:
Springer Nature Switzerland AG
Publication date:
2020-10-24
Product dimensions:
154mm (w) x 233mm (h) x 18mm (d)

Overview

Target balances are the largest single item in some of the balance sheets of the Eurosystem's national central banks (NCBs), and yet very little is known about them by the general public and even by economists. This book shows that Target balances measure overdraft credits between the NCBs that resemble ordinary fiscal credit and which have grown disproportionately, exceeding one billion euros. There is, however, no parliamentary legitimation for the Target balances. The book sheds light on the economic significance of the balances, questions their limitlessness, and addresses controversial views that have been expressed regarding them. It uses the Target statistics to analyze the course of the euro crisis and the ECB's policy reactions from the time of the Lehman bankruptcy up to the outbreak of the Corona crisis. It analyses the credit risks involved for the Eurosystem and concludes with a reform proposal.    This book will be of interest to non-specialist economists and policy makers.

About Wordery

Wordery is one of the UK's largest online booksellers. With millions of satisfied customers who enjoy low prices on a huge range of books, we offer a reliable and trusted service and consistently receive excellent feedback.

We offer a huge range of over 8 million books; bestsellers, children's books, cheap paperbacks, baby books, special edition hardbacks, and textbooks. All our books are dispatched from the UK. Wordery offers Free Delivery on all UK orders, and competitively priced international delivery.

#HappyReading

Why should you use Wordery Specialist

We find rare books for you
These take a little longer to source. Please check the expected dispatch details above.

Secure payment via PayPal

100% genuine, brand new products
Wordery don't sell used products or
counterfeits - ever!

Proven customer service excellence

30 days return policy

Huge range
Over 7 million titles and growing, all at extremely competitive prices.

We leave feedback first

Detailed product descriptions


Economics of Target Balances From Lehman to Corona by Hans-Werner Sinn 9783030501693 (Paperback, 2020)

Delivery
UK delivery is usually within 10 to 12 working days.
International delivery varies by country, please see the Wordery store help page for details.

Product details
Format:Paperback
Language of text:English
Isbn-13:9783030501693, 978-3030501693
Author:Hans-Werner Sinn
Publisher:Springer Nature Switzerland AG
Imprint:Springer Nature Switzerland AG
Publication date:2020-10-24
Product dimensions:154mm (w) x 233mm (h) x 18mm (d)


Overview
Target balances are the largest single item in some of the balance sheets of the Eurosystem's national central banks (NCBs), and yet very little is known about them by the general public and even by economists. This book shows that Target balances measure overdraft credits between the NCBs that resemble ordinary fiscal credit and which have grown disproportionately, exceeding one billion euros. There is, however, no parliamentary legitimation for the Target balances. The book sheds light on the economic significance of the balances, questions their limitlessness, and addresses controversial views that have been expressed regarding them. It uses the Target statistics to analyze the course of the euro crisis and the ECB's policy reactions from the time of the Lehman bankruptcy up to the outbreak of the Corona crisis. It analyses the credit risks involved for the Eurosystem and concludes with a reform proposal.    This book will be of interest to non-specialist economists and policy makers.
About Wordery
Wordery is one of the UK's largest online booksellers. With millions of satisfied customers who enjoy low prices on a huge range of books, we offer a reliable and trusted service and consistently receive excellent feedback.We offer a huge range of over 8 million books; bestsellers, children's books, cheap paperbacks, baby books, special edition hardbacks, and textbooks. All our books are dispatched from the UK. Wordery offers Free Delivery on all UK orders, and competitively priced international delivery.#HappyReading