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The current role of national central banks in the Eurosystem

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  • Eduard Hochreiter

Abstract

This paper describes in some detail the tasks currently performed by the national central banks of the Eurosystem, using the Oesterreichische Nationalbank as an example. It does so against the background of the regime shift to the European economic and monetary union that occurred on January 1, 1999. It also sketches some of the issues which will need be addressed in the evolution of the division of labor between the European Central Bank and the national central banks. Copyright International Atlantic Economic Society 2000

Suggested Citation

  • Eduard Hochreiter, 2000. "The current role of national central banks in the Eurosystem," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 28(3), pages 300-308, September.
    • Handle: RePEc:kap:atlecj:v:28:y:2000:i:3:p:300-308
    DOI: 10.1007/BF02298321
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    References listed on IDEAS

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    1. Lorenzo Bini Smaghi & Daniel Gros, 2000. "Open Issues in European Central Banking," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-333-98188-7, September.
    2. Eichengreen, Barry, 1993. "European Monetary Unification," Journal of Economic Literature, American Economic Association, vol. 31(3), pages 1321-1357, September.
    3. Willem H. Buiter, 1999. "Alice in Euroland," Journal of Common Market Studies, Wiley Blackwell, vol. 37(2), pages 181-209, June.
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    Cited by:

    1. Sylvester C.W. Eijffinger, 2003. "The federal design of a central bank in a monetary union: The case of the European system of central banks," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 8(4), pages 365-380.
    2. Hochreiter, Eduard & Schmidt-Hebbel, Klaus & Winckler, Georg, 2002. "Monetary union: European lessons, Latin American prospects," The North American Journal of Economics and Finance, Elsevier, vol. 13(3), pages 297-321, December.

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