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Time-varying asymmetries in central bank preferences: The case of the ECB

✍ Scribed by Taro Ikeda


Book ID
113722578
Publisher
Elsevier Science
Year
2010
Tongue
English
Weight
374 KB
Volume
32
Category
Article
ISSN
0164-0704

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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