Advanced Introduction to Central Banks and Monetary Policy

Elgar Advanced Introductions series

Jakob de Haan, Professor of Political Economy, University of Groningen, the Netherlands and Christiaan Pattipeilohy, Counsellor to the Executive Board of the European Central Bank

Written by two expert economists, this comprehensive Advanced Introduction provides a thorough and up-to-date analysis of central banks and monetary policy, analysing the ways in which views about monetary policy have developed and changed.

‘By explaining central banking to a non-specialist audience, this book fills an important void. It convincingly demonstrates the tremendous importance that price and financial stability play in the lives of the citizens we serve, illustrated with concrete day-to-day policy challenges that central bankers face.’
– Klaas Knot, President of De Nederlandsche Bank and Chair of the Financial Stability Board

‘This concise volume is a stupendous achievement. It distills into a relatively small number of pages a wealth of factual information, and a bit of opinion, about central banking around the world. Invaluable. I plan to pull it off my bookshelf frequently and to assign sections to my students.’
– Alan S. Blinder, Princeton University, US

‘This excellent short book will be a boon to anyone wanting to learn the basics of modern central banking. It is nicely written, with a good use of diagrams and tables, and easily accessible to anyone with a modicum of understanding of macroeconomic and monetary issues.’
查尔斯•古德哈特(Charles Goodhart) -London School of Economics, UK