Merchant banks

Marcelo Milan

A chapter in Elgar Encyclopedia of Central Banking, 2025, pp 316-318 from Edward Elgar Publishing

Abstract: This is entry 189 in the Elgar Encyclopedia of Central Banking. Elements of past and current monetary policies are described and a critical assessment of central bank practices presented. Giving critical understanding of central banking, at both theoretical and policy-oriented levels this book explains the complexity of monetary-policy interventions, their conceptual and institutional frameworks, and their own limits and drawbacks. The reader is provided with the body of knowledge necessary to understand central banks’ decisions in the aftermath of the global financial crisis and controversial explanations of the crisis are illuminated from a historical perspective.

Keywords: Merchant Banks; Commercial activity; Money-supply endogeneity; Private equity market; Gramm-Leach-Bliley Act of 1999 (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035330140
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