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Published: 11 September 2014

338 Pages | 101 Figures, 17 Tables


ISBN: 9780198716907

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Monetary Policy Operations and the Financial System

Ulrich Bindseil

  • The only recent book entirely devoted to central bank market operations and monetary policy implementation
  • The author is directly responsible for central bank monetary policy operations in practice, namely as head of the markets department of the European Central Bank
  • Covers monetary policy operations both in normal times and in times of crises
  • Provides various simple and relevant models to understand the mechanics of liquidity crises and the related role of central banks
  • Complements existing literature on financial crises and unconventional monetary policy measures