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The Quality of Eligible Collateral, Central Bank Losses and Monetary Stability

An Empirical Analysis

The Quality of Eligible Collateral, Central Bank Losses and Monetary Stability( )
Author: Lehmbecker, Philipp
Series title:Europäische Hochschulschriften : Reihe 5, Volks- und Betriebswirtschaft Ser.
ISBN:978-3-631-58076-9
Publication Date:Apr 2008
Publisher:Peter Lang GmbH, Internationaler Verlag der Wissenschaften
Book Format:Paperback
List Price:AUD $129.95
Book Description:

This book investigates to what extent the quality of eligible collateral is able to explain inflation. Addressing this question, hypotheses derived from the Theory of Property Economics by Heinsohn & Steiger are tested. Data are collected using a questionnaire, answered by central banks. An index of the quality of eligible collateral is constructed. Regression analyses are performed based on a sample of 62 countries for the period 1990 to 2003. A negative, robust and...
More Description

Book Details
Pages:272
Detailed Subjects: Business & Economics / Banks & Banking
Business & Economics / Money & Monetary Policy
Business & Economics / Industrial Management
Physical Dimensions (W X L X H):13.995 x 21.006 cm
Book Weight:0.36 Kilograms



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