The macroeconomic implications of asset price flucuations have received increasing attention in academic and policy circles recently, in large part due to the recent boom-bust bubbles in the equity and now housing markets. This book aims to investigate the role of asset prices for various aspects of the macroeconomy.

House Prices and the Macroeconomy: Implications for Banking and Price Stability

Business & Money

Goodhart, Charles

Hofmann, Boris

Economics

Oxford University Press

The Evolution of Central Banks employs a wide range of historical evidence and reassesses current monetary analysis to argue that the development of non-profit-maximizing and noncompetitive central banks to supervise and regulate the commercial banking system fulfils a necessary and natural function. Goodhart surveys the case for free banking, examines the key role of the clearing house in the evolution of the central bank, and investigates bank expansion and fluctuation in the context of the clearing house mechanism. He concludes that it is the noncompetitive aspect of the central bank that is crucial to the performance of its role. Goodhart addresses the questions of deposit insurance and takes up the "club theory" approach to the central bank. Included in the historical study of their origins are 8 European central banks, the Bank of Japan, the Bank of England, and the Federal Reserve Board of the United States.

The Evolution of Central Banks

Literature & Fiction

Dramas & Plays

The MIT Press

Significantly rewritten and updated, this well known textbook covers the whole of monetary economics, from the role of money to international monetary relationships. It is unique in linking theoretical findings to policy issues and events, and extends conventional analyses of financial intermediation and monetary theory. Money, Information, and Uncertainty bridges the gap between introductory textbooks and the latest journal articles, clarifying the macroeconomic significance of a series of innovative developments in the economics of information and the analysis of financial markets and institutions. Goodhart brings out the key implications of ideas such as information asymmetries and market-completion services for problems relating to money and banking, making it easier for banking specialists who don't follow the financial literature to understand where their field is moving. The book's 18 chapters are organized around the theme that monetary phenomena can be properly understood only against a background of uncertainty and information costs, and around the premise that portfolio theory is the most appropriate analytical tool. The first 9 chapters focus on microeconomic issues, such as the role of and the demand for money and the role and functions of banks and of the Central Bank. The final 9 chapters take up macroeconomic issues, such as the transmission mechanisms of monetary policy and international monetary problems. Chapters new to this edition cover the nature of markets, credit rationing, the functions of central banks, financial regulation the determination of interest rates, and floating exchange rates. Charles Goodhart is Norman Sosnow Professor of Banking and Finance at the London School of Economics. He has served as a monetary economist and as Chief Adviser at the Bank of England. He is the author of The Evolution of Central Banks.

Money, Information and Uncertainty, second edition

MIT Press]

This book examines the current state of central banking in 44 developing countries. The authors analyse the banks' achievement in their primary objective of price stability and discuss the reasons behind the general lack of success. The book covers: * government financing * foreign exchange systems * domestic banking systems. Rich in data, the book contains original financial information from Africa, Asia, the Middle East, Europe, Latin America and the Caribbean. The lay-out is user-friendly and generously illustrated with tables, figures, boxed material and useful appendices. The book is published in association with the Bank of England and presents the definitive account of the role of central banks in developing countries.

Central Banking in Developing Countries: Objectives, Activities and Independence

Almeida, Álvaro

Fry, Maxwell J.

Routledge

Examines the current state of central banking in 44 developing countries. Analyses the banks' achievement in their primary objective of price stability and discusses the reasons behind the general lack of success.

Financial Regulation presents an important restatement of the purposes and objectives of financial regulation. The authors provide details and data on the scale, nature and costs of regulatory problems around the world, and look at what sort of countries and sectors require special attention and policies. Key topics covered include:* the need to recast the form of regulation* incentive structures for financial regulation* proportionality* new techniques for risk management* regulation in emerging countries* crisis management* prospects for financial regulation in the future.

Financial Regulation: Why, How and Where Now?

Llewellyn, David T.

Hartmann, Philipp

Rojas-Suarez, Liliana

Weisbrod, Steven

Financial Regulation presents an important restatement of the purposes and objectives of financial regulation. The authors provide details and data on the scale, nature and costs of regulatory problems around the world, and look at what sort of countries and sectors require special attention and policies. Key topics covered include: * the need to recast the form of regulation * incentive structures for financial regulation * proportionality * new techniques for risk management * regulation in emerging countries * crisis management * prospects for financial regulation in the future.

Financial Regulation

This volume contains two major papers prepared for the Bank of England's Tercentenary Symposium in June 1994. The first, by Forrest Capie, Charles Goodhart and Norbert Schnadt, provides an authoritative account of the evolution of central banking. The second paper, by Stanley Fischer, explores the major policy dilemmas now facing central bankers. Important contributions by six leading central bankers from around the world, and the related Per Jacobsen lecture by Alexander Lamfalussy, are also included in the volume.

The Future of Central Banking: The Tercentenary Symposium of the Bank of England

Fischer, Stanley

Capie, Forrest

Schnadt, Norbert

Cambridge University Press

Launched in 1999 by CEPR and the International Center for Monetary and Banking Studies, the Geneva Reports on the World Economy series consists of an annual report, written by a team of internationally-known macroeconomists, and occasional Special Reports.

Geneva Reports on the World Economy 11: The Fundamental Principles of Financial Regulation

Brunnermeier, Markus

Crockett, Andrew

Persaud, Avinash D.

Shin, Hyun

Center for Economic Policy Research

See the best price to sell, buy, or rent books by Goodhart, Charles. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Goodhart, Charles

See the best price to sell, buy, or rent books by Goodhart, Charles. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

House Prices and the Macroeconomy: Implications for Banking and Price Stability

The Evolution of Central Banks

Money, Information and Uncertainty, second edition

Central Banking in Developing Countries: Objectives, Activities and Independence

Central Banking in Developing Countries: Objectives, Activities and Independence

Financial Regulation: Why, How and Where Now?

Financial Regulation

The Future of Central Banking: The Tercentenary Symposium of the Bank of England

The Future of Central Banking: The Tercentenary Symposium of the Bank of England

Geneva Reports on the World Economy 11: The Fundamental Principles of Financial Regulation