The current role of national central banks in the Eurosystem
โ Scribed by Eduard Hochreiter
- Publisher
- Springer US
- Year
- 2000
- Tongue
- English
- Weight
- 863 KB
- Volume
- 28
- Category
- Article
- ISSN
- 0197-4254
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
The paper ยฎrst considers the extent of the dierences in the responsibilities and functions of major Western central banks, and suggests that these are in part a result of their dierent histories. The common origins of the central banks of the transition economies have resulted in greater similaritie
## 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