Click Here to Download: https://ouo.io/AR9c51 Monetary Policy, Financial Crises, and the Macroeconomy Festschrift for Gerhard Illing By: Frank Heinemann Publisher: Springer Print ISBN: 9783319562605, 3319562606 eText ISBN: 9783319562612, 3319562614 Copyright year: 2017 Format: PDF Available from $ 159.00 USD SKU 9783319562612 This volume investigates different aspects of monetary policy and prevention of financial crises. It discusses some recently suggested measures for central banks' responses to liquidity shortages and to the liquidity trap, methods for assessing the potential of crisis contagion via the interbank network, and the interaction between micro- and macro-prudential regulation. It compares different approaches for solving the Eurozone sovereign-debt problem and provides a new and intriguing explanation for rising income inequality. The authors are experts on monetary policy, financial crises, and contract theory from different European universities and central banks.
