TY  - BOOK
AU  - Akinkunmi,Mustapha
TI  - Central Bank Balance Sheet and Real Business Cycles
SN  - 9781547416677
AV  - HG1811 
U1  - 338.542 23
PY  - 2018///]
CY  - Berlin, Boston : 
PB  - De Gruyter, 
KW  - Balance sheet
KW  - Banks and banking, Central
KW  - Accounting
KW  - Econometric models
KW  - Business cycles
KW  - Economic policy
KW  - Financial statements
KW  - Evaluation
KW  - Monetary policy
KW  - Central Bank
KW  - International finance
KW  - Trade
N1  - 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; restricted access; Issued also in print
N2  - 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 affected by the actions of the policies of central banks
UR  - https://doi.org/10.1515/9781547400577
UR  - https://www.degruyter.com/isbn/9781547400577
UR  - https://www.degruyter.com/document/cover/isbn/9781547400577/original
ER  -