This book provides a new methodological approach to money and macroeconomics. Realizing that the abstract equilibrium models lacked descriptions of fundamental issues of a modern monetary economy, the focus of this book lies on the (stylized) balance sheets of the main actors. M…
The Euro area and the financial crisis
by Cobham, David P., Beblavy, Miroslav, Odor, Ludovit
"The financial crisis of 2007-2010 has presented a number of key policy challenges for those concerned with the long-term stability of the euro area. It has shown that price stability as provided by the European Central Bank is not enough to guarantee financial stability, and ex…
The Euro area and the financial crisis
by Cobham, David P., Beblavy, Miroslav, Odor, Ludovit
The Euro area and the financial crisis
by Cobham, David P., Beblavy, Miroslav, Odor, Ludovit
"The financial crisis of 2007-2010 has presented a number of key policy challenges for those concerned with the long-term stability of the euro area. It has shown that price stability as provided by the European Central Bank is not enough to guarantee financial stability, and ex…
"The financial crisis of 2007-2010 has presented a number of key policy challenges for those concerned with the long-term stability of the euro area. It has shown that price stability as provided by the European Central Bank is not enough to guarantee financial stability, and ex…
The Euro area and the financial crisis
"The financial crisis of 2007-2010 has presented a number of key policy challenges for those concerned with the long-term stability of the euro area. It has shown that price stability as provided by the European Central Bank is not enough to guarantee financial stability, and ex…
The Euro area and the financial crisis
by Cobham, David P., Beblavy, Miroslav, Odor, Ludovit
The financial crisis of 2007-2010 has presented a number of key policy challenges for those concerned with the long-term stability of the euro area. It has shown that price stability as provided by the European Central Bank is not enough to guarantee financial stability, and exp…
The Euro area and the financial crisis
by Cobham, David P., Beblavy, Miroslav, Odor, Ludovit
The financial crisis of 2007-2010 has presented a number of key policy challenges for those concerned with the long-term stability of the euro area. It has shown that price stability as provided by the European Central Bank is not enough to guarantee financial stability, and exp…
"The financial crisis of 2007-2010 has presented a number of key policy challenges for those concerned with the long-term stability of the euro area. It has shown that price stability as provided by the European Central Bank is not enough to guarantee financial stability, and ex…
The Euro area and the financial crisis
by Cobham, David P., Beblavy, Miroslav, Odor, Ludovit
"The financial crisis of 2007-2010 has presented a number of key policy challenges for those concerned with the long-term stability of the euro area. It has shown that price stability as provided by the European Central Bank is not enough to guarantee financial stability, and ex…
The Euro area and the financial crisis
by Cobham, David P., Beblavy, Miroslav, Odor, Ludovit
"The financial crisis of 2007-2010 has presented a number of key policy challenges for those concerned with the long-term stability of the euro area. It has shown that price stability as provided by the European Central Bank is not enough to guarantee financial stability, and ex…