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Economics of Target Balances From Lehman to Corona 9783030501693 | Brand New - Picture 1 of 1
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Economics of Target Balances From Lehman to Corona 9783030501693 | Brand New

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Item specifics

Condition
New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
Imprint
Springer Nature Switzerland AG
Series
N/A
Publication Country
CH
Country/Region of Manufacture
Switzerland
Title
Economics of Target Balances
ISBN-10
N/A
Edition
N/A
Pagination
N/A
Width
154mm
Height
233mm
Depth
18mm
Weight
260g
Brand
Springer Nature Switzerland AG
Modified Item
No
Features
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Topic
N/A
Era
N/A
Subjects
N/A
Country
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Region
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City
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ISBN
9783030501693
Publication Year
2020
Type
Textbook
Format
Paperback
Language
English
Publication Name
The Economics of Target Balances: from Lehman to Corona
Item Height
235mm
Author
Hans-Werner Sinn
Publisher
Springer Nature Switzerland A&G
Item Width
155mm
Subject
Economics, Law, Government, Finance
Item Weight
256g
Number of Pages
146 Pages

About this product

Product Information

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.

Product Identifiers

Publisher
Springer Nature Switzerland A&G
ISBN-13
9783030501693
eBay Product ID (ePID)
28046587696

Product Key Features

Author
Hans-Werner Sinn
Publication Name
The Economics of Target Balances: from Lehman to Corona
Format
Paperback
Language
English
Subject
Economics, Law, Government, Finance
Publication Year
2020
Type
Textbook
Number of Pages
146 Pages

Dimensions

Item Height
235mm
Item Width
155mm
Item Weight
256g

Additional Product Features

Title_Author
Hans-Werner Sinn
Country/Region of Manufacture
Switzerland

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  • CA 86820881RT0001
  • CH 442275272
  • GB 108277024
  • NZ 130504191
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