The economics of target balances : from Lehman to Corona /: from Lehman to Corona. (2020)

• Record Type: Book
• Further Information: Note: Hans-Werner Sinn.
• Authors: Sinn, Hans-Werner
• Contents: Chapter 1: Target: An obscure aspect of the Eurosystem.- Chapter 2: The Target credit.- Chapter 3: Current account, capital movements and Target balances.- Chapter 4: The cash balance.- Chapter 5: How the Target balances came about: the first phase of the crisis.- Chapter 6: The case of Greece.- Chapter 7: External crowds out internal money.- Chapter 8: The QE program and the Target balances.- Chapter 9: The rate of interest on Target balances.- Chapter 10: Interest spreads and tiering.- Chapter 11: The Corona Crisis.- Chapter 12: The risks of Target and cash balances.- Chapter 13: Conclusions and policy recommendations.
• Publisher Details: Basingstoke : Palgrave Macmillan
• Publication Date: 2020
• Extent: 1 online resource, illustrations (black and white)
• Subjects: 332.11094; Banks and banking, Central -- European Union countries; Global Financial Crisis, 2008-2009; Financial statements -- Standards -- European Union countries; History
• Languages: English
• ISBNs: 9783030501709
• Related ISBNs: 9783030501693
• Notes: Note: Description based on CIP data; resource not viewed.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.