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Global, Regional and Local Perspectives on the Economies of Southeastern Europe

Posted By: AvaxGenius
Global, Regional and Local Perspectives on the Economies of Southeastern Europe

Global, Regional and Local Perspectives on the Economies of Southeastern Europe: Proceedings of the 14th International Conference on the Economies of the Balkan and Eastern European Countries (EBEEC) in Florence, Italy, 2022 by Niccolò Persiani, Ilaria Elisa Vannini, Martina Giusti, Anastasios Karasavvoglou, Persefoni Polychronidou
English | PDF EPUB (True) | 2023 | 359 Pages | ISBN : 3031340582 | 32.7 MB

This book includes papers presented at the 14th International Conference “Economies of the Balkan and Eastern European Countries” (EBEEC), held in Florence, Italy, in May 2022. It sheds new light on the micro- and macroeconomic developments in the Eastern European and Balkan countries, taking into account also the broader regional and global factors influencing these developments. In particular, it includes the latest theoretical and empirical research and policy insights from Central and Southeastern Europe and presents new ideas on how to resolve economic problems, also generated by the pandemic, in the Balkan and Eastern European economies in a pan-European context. By examining how the decisions and the performance of economic, social, and political actors in the area are intertwined with wider events, also at a global level, the papers highlight the dynamic development in Eastern Europe and the Balkans region. Further, the book demonstrates how the area is evolving within the framework of European economic integration and the global effervescent economy.

The Yield Curve and Financial Risk Premia: Implications for Monetary Policy

Posted By: AvaxGenius
The Yield Curve and Financial Risk Premia: Implications for Monetary Policy

The Yield Curve and Financial Risk Premia: Implications for Monetary Policy by Felix Geiger
English | PDF (True) | 2011 | 320 Pages | ISBN : 3642215742 | 4.26 MB

The determinants of yield curve dynamics have been thoroughly discussed in finance models. However, little can be said about the macroeconomic factors behind the movements of short- and long-term interest rates as well as the risk compensation demanded by financial investors. By taking on a macro-finance perspective, the book’s approach explicitly acknowledges the close feedback between monetary policy, the macroeconomy and financial conditions. Both theoretical and empirical models are applied in order to get a profound understanding of the interlinkages between economic activity, the conduct of monetary policy and the underlying macroeconomic factors of bond price movements. Moreover, the book identifies a broad risk-taking channel of monetary transmission which allows a reassessment of the role of financial constraints; it enables policy makers to develop new guidelines for monetary policy and for financial supervision of how to cope with evolving financial imbalances.

Asset Management at Central Banks and Monetary Authorities: New Practices in Managing International Foreign Exchange Reserves

Posted By: AvaxGenius
Asset Management at Central Banks and Monetary Authorities: New Practices in Managing International Foreign Exchange Reserves

Asset Management at Central Banks and Monetary Authorities: New Practices in Managing International Foreign Exchange Reserves by Jacob Bjorheim
English | PDF,EPUB | 2020 | 491 Pages | ISBN : 3030434567 | 47 MB

In response to the Global Financial Crisis and the COVID-19 pandemic, central banks have used all available instruments in their monetary policy tool-kit to avoid financial market disruptions and a collapse in real economic activities.