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Keywords:Monetary policy - Germany 

Journal Article
Criteria for central bank assets: lessons from pre-ECB Germany

The Deutsche Bundesbank was formed in July 1957, when the two-tier central bank system set up following World War II was consolidated. That previous system had been established by the Allies in imitation of the Federal Reserve System and consisted of independent regional banks (the Land Central Banks) and a governing body. Under the new system, the Land Central Banks became offices of the Bundesbank. As was true under the previous system, the Bundesbank was made independent of the federal cabinet by law and was particularly proscribed from lending to the public sector except for short terms. ...
New England Economic Review , Issue Q 2 , Pages 29-32

Report
Disciplined discretion: the German and Swiss monetary targeting frameworks in operation

Many observers have held up the records of price stability in Germany and in Switzerland as examples of the benefits of a monetary targeting regime. These claims have been juxtaposed in recent years with econometric analyses of Bundesbank policy which have shown an absence of dependable relationship between money growth, inflation, and policy movements. We offer an analysis of actual Bundesbank and Swiss National Bank monetary policy as it operated which explains this puzzling gap between performance and presumed policy. We confirm that neither country is a monetary targeter according to a ...
Research Paper , Paper 9707

Journal Article
The practice of monetary targeting: a case study of the West German experience

Economic Review , Issue Spr , Pages 30-44

Conference Paper
Monetary transmission channels in major foreign industrial countries

Proceedings , Paper 1, pt. 1

Conference Paper
The demand for liquid assets in Germany and the United Kingdom

Proceedings

Conference Paper
Implementing monetary policy in Germany

Proceedings

Journal Article
Lessons from West German monetary policy

Economic Review , Volume 74 , Issue Apr , Pages 18-35

Conference Paper
Overview of the symposium, Changing Capital Markets: Implications for Monetary Policy (panel)

Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
The German monetary unification (Gmu): converting marks to d-marks

Review , Issue Jul , Pages 17-36

Conference Paper
Overview of the symposium, Changing Capital Markets: Implications for Monetary Policy (panel)

Proceedings - Economic Policy Symposium - Jackson Hole

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