The European System of Central Banks

Malcolm Crawford

Chapter 14 in One Money for Europe?, 1996, pp 224-254 from Palgrave Macmillan

Abstract: Abstract The ESCB (or Eurofed) is modelled mainly on the Bundesbank. It is to commence operations fully at the beginning of stage three although it will be established before then to allow time for it to be organised. Its most important features are its federal structure, its independence from political authority and its statutory objectives.

Keywords: Monetary Policy; Central Bank; Federal Reserve; Money Supply; European Central Bank (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25035-6_14

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DOI: 10.1007/978-1-349-25035-6_14

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