Funders-of-Last-Resort: Legal Issues Involved in Using Central Bank Balance Sheets to Bolster Economic Growth - Couverture souple

Michael, Bryane

Couverture souple

ISBN 10 : 197670992X ISBN 13 : 9781976709920

Editeur : Independently published, 2017

Synopsis

Should central banks buy domestic stocks and bonds? How can a legal rule allowing central banks to engage in nominal GDP targeting help with such investments? In this book, we consider the role unconventional monetary policy – and particularly unconventional policies like private asset purchases under a quantitative easing or lender of last resort scheme – plays in influencing economic growth directly. Emerging and developing countries’ central banks could contribute to GDP growth by following the example of jurisdiction like the US, UK and EU, by buying private sector and specific obligation public sector assets. We show where such purchases have helped boost investment in the past. We also show how law writers in countries with different legal traditions and backgrounds can tailor such authorisations to their own legal systems.

Détails de l'édition

• Éditeur: Independently published
• Date d'édition: 2017
• Langue: anglais
• ISBN 10: 197670992X
• ISBN 13: 9781976709920
• Reliure: Broché
• Nombre de pages: 96
• Coordonnées du fabricant: Manufactured by Amazon on behalf of the author; https://www.amazon.fr/hz/contact-us; ; c/o Amazon Media EU S.à.r.l., 38 Avenue John F. Kennedy; Luxembourg; L-1855; Luxembourg