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Author: Elke Muchlinski
Publisher: Springer
ISBN: 0230305962
Category : Philosophy
Languages : en
Pages : 274
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Book Description
This book explores implications of the modern view of central banks rising from the proposition that words have no meaning beyond their use in a particular context and setting. It studies coded language to explain why a central bank's decisions and communicative interactions can't be devoted to a coded language which is an artificial language.
Author: Elke Muchlinski
Publisher: Springer
ISBN: 0230305962
Category : Philosophy
Languages : en
Pages : 274
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Book Description
This book explores implications of the modern view of central banks rising from the proposition that words have no meaning beyond their use in a particular context and setting. It studies coded language to explain why a central bank's decisions and communicative interactions can't be devoted to a coded language which is an artificial language.
Author: Alan S. Blinder
Publisher: Centre for Economic Policy Research
ISBN: 9781898128601
Category : Business & Economics
Languages : en
Pages : 150
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Book Description
Not long ago, secrecy was the byword in central banking circles, but now the unmistakable trend is towards greater openness and transparency. This, the third Geneva Report on the World Economy, describes and evaluates some of the changes in how central banks talk to the markets, to the press, and to the public. The report first assesses the case for transparency ? defined as providing sufficient information for the public to understand the policy regime ? and concludes that it is very strong, based on both policy effectiveness and democratic accountability. It then examines what should be the content of communication and argues that central banks ought to spell out their long-run objectives and methods. It then investigates the link between the decision-making process and central bank communication, drawing a distinction between individualistic and collegial committees. The report concludes with a review of the communications strategies of some of the main central banks.
Author: Board of Governors of the Federal Reserve System
Publisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0
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Book Description
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: Peter Dietsch
Publisher: John Wiley & Sons
ISBN: 1509525807
Category : Philosophy
Languages : en
Pages : 78
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Book Description
Central banks have become the go-to institution of modern economies. In the wake of the 2007 financial crisis, they injected trillions of dollars of liquidity – through a process known as quantitative easing – first to prevent financial meltdown and later to stimulate the economy. The untold story behind these measures, and behind the changing roles of central banks generally, is that they have come at a considerable cost. Central banks argue we had no choice. This book offers a powerfully original examination of why this claim is false. Using examples from Europe and the US, the authors present and analyse three specific concerns about the way central banks in developed economies operate today. Firstly, they show how unconventional monetary policies have created significant unintended negative consequences in terms of inequalities in income and wealth. They go on to argue that central banks may have become independent of governments, but have instead become worryingly dependent on financial markets. They then proceed to analyse how central bankers, despite being the undisputed experts on monetary policy, can still err and suffer from multiple forms of bias. This book is a sobering and urgent wake-up call for policy-makers and anyone interested in how our monetary and financial system really works.
Author:
Publisher:
ISBN: 9789291317912
Category : Banks and banking, Central
Languages : en
Pages : 189
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Book Description
This report by the Central Bank Governance Group presents information intended to help decision-makers set up governance arrangements that are most suitable for their own circumstances. The report draws on a large body of information on the design and operation of central banks that the BIS has brought together since it initiated work on central bank governance in the early 1990s. The need to deal with chronic inflation in the 1970s and 1980s prompted the identification of price stability as a formal central bank objective and led to a significant reworking of governance arrangements. The current global financial crisis could have equally important implications for central banks, particularly with respect to their role in fostering financial stability. Although it is too early to know how central banking will change as a result, the report takes an important first step in identifying governance questions that the crisis poses.
Author: Otmar Issing
Publisher: MIT Press
ISBN: 0262537850
Category : Business & Economics
Languages : en
Pages : 103
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Book Description
A leading economist and former central banker discusses the evolution of central bank communication from secretiveness to transparency and accountability. Central bank communication has evolved from secretiveness to transparency and accountability—from a reluctance to give out any information at all to the belief in communication as a panacea for effective policy. In this book, Otmar Issing, himself a former central banker, discusses the journey toward transparency in central bank communication. Issing traces the development of transparency, examining the Bank of England as an example of extreme reticence and European Central Bank's President Mario Draghi as a practitioner of effective communication. He argues that the ultimate goal of central bank communication is to make monetary policy more effective, and describes the practice and theory of communication as an evolutionary process. For a long time, the Federal Reserve never made its monetary policy decisions public; the European Central Bank, on the other hand, had to adopt a modern communication strategy from the outset. Issing discusses the importance of guiding expectations in central bank communication, and points to financial markets as the most important recipients of this communication. He discusses the obligations of accountability and transparency, although he notes that total transparency is a “mirage.” Issing argues that the central message to the public must always be that the stability of a nation's currency is the bank's priority.
Author: EduGorilla Prep Experts
Publisher: EduGorilla Community Pvt. Ltd.
ISBN: 9355561954
Category : Education
Languages : en
Pages : 545
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Book Description
• Best Selling Book in English Edition for Central Bank of India Clerk Mains Exam (IBPS CRP XII) with objective-type questions as per the latest syllabus given by the Institute of Banking Personnel Selection (IBPS). • Compare your performance with other students using Smart Answer Sheets in EduGorilla’s Central Bank of India Clerk Mains Exam Practice Kit. • Central Bank of India Clerk Mains Exam Preparation Kit comes with 10 Tests (8 Mock Tests + 2 Previous Year Papers) with the best quality content. • Increase your chances of selection by 14X. • Central Bank of India Clerk Mains Exam Prep Kit comes with well-structured and 100% detailed solutions for all the questions. • Clear exam with good grades using thoroughly Researched Content by experts.
Author: EduGorilla Prep Experts
Publisher: EduGorilla Community Pvt. Ltd.
ISBN: 9355560737
Category : Education
Languages : en
Pages : 349
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Book Description
• Best Selling Book in English Edition for Central Bank Of India PO Prelims Exam (IBPS CRP PO/MT XII) with objective-type questions as per the latest syllabus given by the Institute of Banking Personnel Selection (IBPS). • Compare your performance with other students using Smart Answer Sheets in EduGorilla’s Central Bank Of India PO Prelims Exam Practice Kit. • Central Bank Of India PO Prelims Exam Preparation Kit comes with 17 Tests (8 Mock Tests + 9 Sectional Tests) with the best quality content. • Increase your chances of selection by 14X. • Central Bank Of India PO Prelims Exam Prep Kit comes with well-structured and 100% detailed solutions for all the questions. • Clear exam with good grades using thoroughly Researched Content by experts.
Author: EduGorilla Prep Experts
Publisher: EduGorilla Community Pvt. Ltd.
ISBN: 9355561490
Category : Education
Languages : en
Pages : 415
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Book Description
• Best Selling Book in English Edition for Central Bank of India Clerk Prelims Exam (IBPS CRP XII) with objective-type questions as per the latest syllabus given by the Institute of Banking Personnel Selection (IBPS). • Compare your performance with other students using Smart Answer Sheets in EduGorilla’s Central Bank of India Clerk Prelims Exam Practice Kit. • Central Bank of India Clerk Prelims Exam Preparation Kit comes with 22 Tests (10 Mock Tests + 9 Sectional Tests + 3 Previous Year Papers) with the best quality content. • Increase your chances of selection by 14X. • Central Bank of India Clerk Prelims Exam Prep Kit comes with well-structured and 100% detailed solutions for all the questions. • Clear exam with good grades using thoroughly Researched Content by experts.
Author: BS Sijwalii
Publisher: Arihant Publications India limited
ISBN: 9351769054
Category : Study Aids
Languages : en
Pages : 879
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Book Description
Reasoning is equally weighed section in any competitive examination. Reasoning tests the thinking power and mind applicability skills of the candidates. The questions on reasoning asked in various competitive examinations are not easy to solve without having enough practice. Verbal & Analytical Reasoning will help candidates master the ‘Tricks of the Trade’ as it covers verbal and analytical reasoning very much comprehensively. This book has been divided into two Sections – Verbal Reasoning and Analytical Reasoning each sub-divided into number of chapters with different types of questions of multiple patterns asked in various exams. The Verbal Reasoning section has been divided into 21 chapters covering Analogy, Classification, Series, Coding-Decoding, Logical Arrangement of Words, Mathematical Operation, Venn Diagram, Clocks, Calendar, Decision Making, Input-Output, Puzzles, Data Sufficiency, etc whereas the Analytical Reasoning section has been divided into eight chapters covering Statement & Arguments, Statement & Assumptions, Course of Action, Passage & Conclusions, Cause & Effects, Syllogism, etc. Ample number of solved problems have been covered in each chapter followed by practice exercises at the end to help aspirants practice the concepts discussed in each chapter. Also the book contains previous years’ solved questions of different competitive examinations like CAT, XAT, UPSC, SSC, etc to help aspirants get an insight into the types of reasoning questions asked. The book will be highly useful for aspirants preparing for Management (CAT, XAT, CMAT, IIFT, SNAP & other), Bank (PO & Clerk), SSC (CGL, 10+2, Steno, FCI, CPO & Multitasking), LIC (AAO & ADO), CLAT, RRB, UPSC and other state PSC Exams. As the book covers Verbal and Analytical Reasoning both in detail with ample number of solved problems, it for sure will help aspirants prepare both the types in a thorough manner and score high in the upcoming competitive & recruitment exams.
