A Flow-Of-Funds Perspective on the Financial Crisis Volume I

Money, Credit and Sectoral Balance Sheets
2014. Auflage 2013
ISBN: 978-1-137-35297-2
Verlag: Palgrave MacMillan UK

Buch, Englisch, 326 Seiten, Format (B × H): 144 mm x 223 mm, Gewicht: 5416 g

Reihe: Palgrave Macmillan Studies in Economics and Banking

Provides a comprehensive overview of a broad range of uses of the flow of funds within the central bank community as well as in the academic field, prepared by international experts in the field. Based on the crisis experience, it offers an overview of lessons for macrofinancial analysis and financial stability.

Zielgruppe

Research

Autoren/Hrsg.

Winkler, B.

Riet, A van

Bull, P.

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geldwirtschaft, Währungspolitik
• Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftspolitik, politische Ökonomie
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Makroökonomie
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Betriebliches Rechnungswesen
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines

Inhaltsverzeichnis

Foreword; Peter Praet 1. Money, Credit and the Flow of Funds in Monetary Policy; Bernhard Winkler, Ad van Riet and Peter Bull PART I: MONEY, CREDIT AND LIQUIDITY IN THE FLOW OF FUNDS 2. The Quantity Theory of Money and the Flow of Funds; Carmelo Salleo 3. The Quantity Theory of Credit and Some of its Policy Implications; Richard Werner 4. Euro Area Money Demand and International Portfolio Allocation; Roberto A. De Santis, Carlo A. Favero and Barbara Roffia 5. Global Liquidity and Credit Booms; Claudio Borio, Robert McCauley and Patrick McGuire 6. Dual Liquidity Crises; Ulrich Bindseil and Adalbert Winkler 7. Determinants and Consequences of Credit Tightening; Riccardo De Bonis, Luigi Infante and Francesco Paternò PART II: SECTORAL ANALYSIS OF THE FLOW OF FUNDS 8. Financial Intermediary Balance Sheet Management; Tobias Adrian and Hyun Song Shin 9. Bank Leverage and the Credit Cycle in the Euro Area; Celestino Gíron and Silvia Mongelluzzo 10. Households' Financial Portfolio Choices; S. Avouyi Dovi, Vladimir Borgy, Christian Pfister, Michael Scharnagl and Frank Sédillot 11. Household Balance Sheets and Debt; Jacob Isaksen, Paul Lassenius Kramp, Louise Funch Sørensen and Søren Vester Sørensen 12. Analysing Recent Developments in the Financing of Euro Area Non-Financial Corporations; Laurent Maurin 13. Monetary Policy and the Flow of Funds in the Euro Area; Riccardo Bonci

Über Autor(innen)

Peter Praet, European Central Bank, Germany
Carmelo Salleo, European Systemic Risk Board, Germany
Richard Werner, University of Southampton, UK
Roberto A. De Santis, European Central Bank, Germany
Carlo A. Favero, Università Commerciale Luigi Bocconi, Italy
Barbara Roffia, European Central Bank, Germany
Ulrich Bindseil, European Central Bank, Germany
Adalbert Winkler, Frankfurt School of Finance and Management, Germany
Claudio Borio, Bank for International Settlements, Switzerland
Robert McCauley, Bank for International Settlements, Switzerland
Patrick McGuire, Bank for International Settlements, Switzerland
Riccardo De Bonis, Banca d'Italia, Italy
Luigi Infante, Banca d'Italia, Italy
Francesco Paternò, Banca d'Italia, Italy
Tobias Adrian, Federal Reserve Bank of New York, USA
Hyun Song Shin, Princeton University, USA
Celestino Gíron, European Central Bank, Germany
Silvia Mongelluzzo, Bocconi University, Italy
S. Avouyi Dovi, Banque de France, France
Vladimir Borgy, Banque de France, France
Christian Pfister, Banque de France, France
Michael Scharnagl, Deutsche Bundesbank, Germany
Frank Sédillot, Banque de France, France
Jacob Isaksen, Danmarks Nationalbank, Denmark
Paul Lassenius Kramp, Danmarks Nationalbank, Denmark
Louise Funch Sørensen, Danmarks Nationalbank, Denmark
Søren Vester Sørensen, Danmarks Nationalbank, Denmark
Laurent Maurin, European Central Bank, Germany
Riccardo Bonci, Banca d'Italia, Italy