The European Central Bank And The Federal Reserve System A General Comparison

Author : Cedric Längin
Publisher : GRIN Verlag
ISBN 13 : 3640890175
Total Pages : 22 pages
Book Rating : 4.70/5 ( download)

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Download or read book The European Central Bank and the Federal Reserve System - a general comparison written by Cedric Längin and published by GRIN Verlag. This book was released on 2011-04-11 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2010 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1,0, Cologne University of Applied Sciences, course: Effective Environmental Scanning, language: English, abstract: Since the foundation of the European currency union in 1998, the European Central Bank and the Federal Reserve System represent the most influential two central banks in the world. In this comparison their general structure, tasks and objectives and monetary policy instruments are contrasted. The institutions and bodies of the banks are explained in the second chapter, to see the structural differences. While the ECB defined price stability as its primary objective, the Fed has several equal objectives. These objectives and further tasks of the central banks are described in the third chapter. To steer and implement their objectives and tasks, the central banks have monetary policy instruments at disposal, whereas open market operations and the minimum reserve system play a key role. These instruments are explained in chapter 4 in general and their arrangement and implementation at the example of the ECB. Then the Feds corresponding instruments are contrasted with the ECB, because in my opinion the ECB has a role model position, in this context. Then follows an elaboration of the instruments standing facilities and discount policy. These instruments are examined in two separate subchapters, due to the fact that the implementation of these instruments is only made by the ECB or the Fed. In the last part I examined the reactions of the ECB and the Fed to compensate the risks of the current financial crisis. The attention is directed to the evaluation of the quality and effectiveness of the implemented monetary policy instruments. At the end the results are summarized.

Author : Patrick Schrott
Publisher :
ISBN 13 : 9783346278050
Total Pages : pages
Book Rating : 4.50/5 ( download)

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Download or read book Comparison of the European Central Bank and the Federal Reserve System written by Patrick Schrott and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Joseph Peter Gyengo
Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.97/5 ( download)

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Download or read book The U.S. Federal Reserve and the European Central Bank written by Joseph Peter Gyengo and published by . This book was released on 2004 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Board of Governors of the Federal Reserve System
Publisher :
ISBN 13 : 9780894991967
Total Pages : 0 pages
Book Rating : 4.65/5 ( download)

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Download or read book The Federal Reserve System Purposes and Functions written by Board of Governors of the Federal Reserve System and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.

Author : Sam Whimster
Publisher : Forumpress
ISBN 13 : 9781907144103
Total Pages : 216 pages
Book Rating : 4.02/5 ( download)

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Download or read book Federal Central Banks: A Comparison of the Us Federal Reserve and the European Central Bank written by Sam Whimster and published by Forumpress. This book was released on 2018-05-11 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal Central Banks is a unique study that critically examines the role and impact of central banks in federal and confederal political systems. It conducts a detailed examination of the history, design and operation of central banking in the United States and in the European Union. The contradiction between the centralizing features of banking and monetary policy and the political and economic expectations of pluralist federal democracy is explored. Regional economic disparities are seen to be amplified by modern 'independent' central banking. The response of the US Treasury and Federal Reserve to the GFC is rated as superior to immature Eurozone institutions. But both underperformed in not providing adequate fiscal-monetary solutions. Quantitative easing rescued the financial sector from collapse, but exacerbated wealth inequalities and failed to provide a sufficiently rapid economic recovery. Federal level banking reforms need to go hand in hand with democratic accountability. The Eurozone governance structures are dysfunctional and undemocratic and should be reformed.

Author : Simone Weinert
Publisher : GRIN Verlag
ISBN 13 : 3638267857
Total Pages : 38 pages
Book Rating : 4.54/5 ( download)

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Download or read book Central Banking - The organisation of the FED and their politics within the last years (esp. in comparison to the ESCB) written by Simone Weinert and published by GRIN Verlag. This book was released on 2004-04-14 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2003 in the subject Business economics - Investment and Finance, grade: 1,3 (A), Stralsund University of Applied Sciences (Economics), language: English, abstract: The following essay with the title „Central Banking – The organisation of the Fed and their politics within the last years (esp. in comparison to the ESCB)“ is part of the final examination of the course International and Baltic Finance at the University of Applied Sciences Stralsund. This paper will explain central banking in general and than have a closer look on the U.S. Federal Reserve System. After that it will have a look on the European System of Central Banks, continuing with comparing the two systems, looking for the similarities and differences. During my research I read quiet a lot of books and articles and after some time I really got interested in the topic. I really wanted to know how all this central banking works, and what kind of system (the American or the European) is the better one. But I also recognised that there are of course plenty of books, dealing with this topic, but everybody seems to have a different opinion, of what is better, what suits the society best. So while writing this essay, I tried to give back what I found interesting and what seems to be the opinion of several people. Unfortunately I could not stick to the required 3000 words, because my topic was so complex and wide, that it forced me to write some more words on it.

Author : Emmanuel Apel
Publisher : Routledge
ISBN 13 : 113442017X
Total Pages : 314 pages
Book Rating : 4.79/5 ( download)

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Download or read book Central Banking Systems Compared written by Emmanuel Apel and published by Routledge. This book was released on 2003-03-20 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new study provides a comprehensive survey of the recently established European financial system in comparison to previous European systems and the US Federal Reserve. This well-written contribution to financial economics should be of interest to academics as well as professionals concerned with financial systems around the world.

Author : Alexander Schmitt
Publisher :
ISBN 13 :
Total Pages : 194 pages
Book Rating : 4.88/5 ( download)

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Download or read book The Status of the European Central Bank Compared to the Federal Reserve System written by Alexander Schmitt and published by . This book was released on 1999 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Cedric Längin
Publisher : GRIN Verlag
ISBN 13 : 3640889797
Total Pages : 41 pages
Book Rating : 4.92/5 ( download)

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Download or read book The European Central Bank and the Federal Reserve System - a General Comparison written by Cedric Längin and published by GRIN Verlag. This book was released on 2011-04 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2010 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1,0, Cologne University of Applied Sciences, course: Effective Environmental Scanning, language: English, abstract: Since the foundation of the European currency union in 1998, the European Central Bank and the Federal Reserve System represent the most influential two central banks in the world. In this comparison their general structure, tasks and objectives and monetary policy instruments are contrasted. The institutions and bodies of the banks are explained in the second chapter, to see the structural differences. While the ECB defined price stability as its primary objective, the Fed has several equal objectives. These objectives and further tasks of the central banks are described in the third chapter. To steer and implement their objectives and tasks, the central banks have monetary policy instruments at disposal, whereas open market operations and the minimum reserve system play a key role. These instruments are explained in chapter 4 in general and their arrangement and implementation at the example of the ECB. Then the Feds corresponding instruments are contrasted with the ECB, because in my opinion the ECB has a role model position, in this context. Then follows an elaboration of the instruments standing facilities and discount policy. These instruments are examined in two separate subchapters, due to the fact that the implementation of these instruments is only made by the ECB or the Fed. In the last part I examined the reactions of the ECB and the Fed to compensate the risks of the current financial crisis. The attention is directed to the evaluation of the quality and effectiveness of the implemented monetary policy instruments. At the end the results are summarized.

Author : Stanyo Dinov
Publisher :
ISBN 13 : 9783828839939
Total Pages : pages
Book Rating : 4.32/5 ( download)

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Download or read book Central Banks as a Bank Supervisor written by Stanyo Dinov and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: