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Designing a central bank: Social player, monetary agent, or banking agent?

✍ Scribed by Donato Masciandaro


Book ID
105031556
Publisher
Springer US
Year
1995
Tongue
English
Weight
843 KB
Volume
6
Category
Article
ISSN
0923-7992

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## Abstract In this paper we analyse the ESCB as a federal central bank system. First, the degree of decentralization of the ESCB will be briefly compared with its predecessor, the Deutsche Bundesbank, and its counterweight in the US, the Federal Reserve System. Moreover, the development during the