Central Bank Balance Sheet and Real Business Cycles / Mustapha Akinkunmi.

Format:

Book

Author/Creator:

Akinkunmi, Mustapha, author.

Language:

English

Subjects (All):

Business cycles.

Balance sheet.

Physical Description:

1 online resource (234 pages)

Edition:

1st ed.

Place of Publication:

Boston ; Berlin : De|G Press, [2018]

Language Note:

In English.

Summary:

Central Bank Balance Sheet and Real Business Cycles argues that a deeper comprehension of changes to the central bank balance sheet can lead to more effective policymaking. Any transaction engaged in by the central bank-issuing currency, conducting foreign exchange operations, investing its own funds, intervening to provide emergency liquidity assistance and carrying out monetary policy operations-influences its balance sheet. Despite this, many central banks throughout the world have largely ignored balance sheet movements, and have instead focused on implementing interest rates. In this book, Mustapha Abiodun Akinkunmi highlights the challenges and controversies faced by central banks in the past and present when implementing policies, and analyzes the links between these policies, the central bank balance sheet, and the consequences to economies as a whole. He argues that the composition and evolution of the central bank balance sheet provides a valuable basis for understanding the needs of an economy, and is an important tool in developing strategies that would most effectively achieve policy goals. This book is an important resource for anyone interested in monetary policy or whose work is effected by the actions of the policies of central banks.

Contents:

Frontmatter

About De/G PRESS

Acknowledgments

About the Author

Contents

Preface

Chapter 1: Global Genesis of the Central Bank

Chapter 2: Relevance of the Central Bank Balance Sheet

Chapter 3: Components of Central Bank Balance Sheets

Chapter 4: Analytical Framework of Central Bank Balance Sheets

Chapter 5: Evolution of Central Bank Balance Sheets and Their Heterogeneous Dimensions

Chapter 6: Composition of Central Bank Balance Sheet Assets

Chapter 7: Financial Ratios of the Central Bank Balance Sheet

Chapter 8: Central Bank Operations

Chapter 9: Real Business Cycles

Chapter 10: Central Bank Balance Sheets and Real Business Cycles

Chapter 11: Conclusion

Appendix I: Central Bank Balance Sheets of Different Countries

Appendix II: Abbreviations

References

Index

Notes:

Description based on online resource; title from PDF title page (publisher's Web site, viewed 24. Sep 2018)

ISBN:

9781547400591

1547400595

9781547400577

1547400579

OCLC:

1054067549