Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword or section
Like this
0Activity

Table Of Contents

FOREWORD
INTRODUCTION
1 THE INSTITUTIONAL FRAMEWORK OF THE SINGLE MONETARY POLICY
The decision-making bodies of the ECB
Chart 1.1 The decision-making bodies of the ECB
THE DECISION-MAKING BODIES OF THE ECB
Box 1.1 Key provisions from the Treaties and the Statute of the ESCB
2 THE ECONOMIC AND FINANCIAL STRUCTURE OF THE EURO AREA
2.1 KEY CHARACTERISTICS OF THE REAL
2.2 LABOUR MARKET
Table 2.1 Key characteristics of the euro area real economy in 2009
Chart 2.1 Unemployment in the euro area, the United States and Japan
2.3 GOVERNMENT SECTOR
2.4 EXTERNAL TRADE
Table 2.3 External trade in goods of the euro area in 2009
Chart 2.2 General government deficit and debt in the Euro 12
2.5 FINANCIAL STRUCTURE
Chart 2.3 Functions of financial systems
Box 2.2 Financial markets – key terms
2.6 FINANCIAL MARKETS
2.7 FINANCIAL INTERMEDIARIES
Table 2.11 Number of euro area monetary financial institutions
Box 2.3 Monetary aggregates
Table 2.12 Definitions of euro area monetary aggregates
Chart 2.5 Percentage shares of components of M3 at the end of 2010
2.8 ECONOMIC DIVERSITY
3 THE ECB’S MONETARY POLICY STRATEGY
AND MAIN ELEMENTS
Box 3.2 The medium-term orientation of the ECB’s monetary policy
policy strategy
Box 3.3 Alternative monetary policy strategies
Box 3.4 Statistics relating to developments in the euro area
Box 3.5 Extracting information from financial market prices
Box 3.6 Money and prices in the long run
Chart 3.3 The stability-oriented monetary policy strategy of the ECB
Box 3.8 Key communication channels used by the ECB
IN THE FINANCIAL CRISIS
the financial crisis
Chart 3.4 Inflation expectations in the euro area
4 MONETARY POLICY IMPLEMENTATION
OF THE OPERATIONAL FRAMEWORK
Table 4.1 Eurosystem monetary policy operations
Box 4.1 Counterparties and collateral
Chart 4.1 Breakdown of assets submitted as collateral
Chart 4.2 Key ECB interest rates and the EONIA since 1999
4.3 MINIMUM RESERVES
Table 4.2 Credit institutions’ liabilities included in the reserve base
Chart 4.3 The functioning of the Eurosystem’s reserve requirement system
Box 4.3 Types of open market transaction
4.5 STANDING FACILITIES
Chart 4.4 Recourse to standing facilities
Table 4.3 Central bank balance sheet structure
Table 4.4 Contributions to the banking system’s liquidity
4.7 EXPERIENCE SINCE JANUARY 1999
5 THE CONDUCT OF MONETARY POLICY SINCE 1999
5.1 INTRODUCTION
5.2 MAIN DEVELOPMENTS
Box 5.1 The Eurosystem’s non-standard measures since August 2007
OF THE EURO IN 1999
0 of .
Results for:
No results containing your search query
P. 1
The Monetary Policy of the ECB

The Monetary Policy of the ECB

Ratings: (0)|Views: 14 |Likes:
Published by Sedat Imeri

More info:

Published by: Sedat Imeri on Feb 28, 2012
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

02/28/2012

pdf

text

original

You're Reading a Free Preview
Pages 4 to 54 are not shown in this preview.
You're Reading a Free Preview
Pages 58 to 81 are not shown in this preview.
You're Reading a Free Preview
Pages 85 to 103 are not shown in this preview.
You're Reading a Free Preview
Pages 107 to 142 are not shown in this preview.
You're Reading a Free Preview
Pages 146 to 161 are not shown in this preview.

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->