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Central Banking for the 21st Century: An American Perspective

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  • Paul Wachtel

Abstract

Against the backdrop of the financial crisis that unfolded in 2008, this book deals with policy challenges going forward, focusing in particular on the ongoing catching-up process in Central, Eastern and South-Eastern European countries.
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Suggested Citation

  • Paul Wachtel, 2011. "Central Banking for the 21st Century: An American Perspective," Working Papers 11-02, New York University, Leonard N. Stern School of Business, Department of Economics.
    • Handle: RePEc:ste:nystbu:11-02
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    File URL: http://w4.stern.nyu.edu/economics/docs/workingpapers/2011/Wachtel%20Vienna%20talk%20Nov2010-1.pdf
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    References listed on IDEAS

    as
    1. Goodhart, C. A. E., 2010. "The Changing Role of Central Banks," Working Papers 11-27, University of Pennsylvania, Wharton School, Weiss Center.
    2. Stephen G. Cecchetti & Piti Disyatat, 2010. "Central bank tools and liquidity shortages," Economic Policy Review, Federal Reserve Bank of New York, vol. 16(Aug), pages 29-42.
    3. Gorton, Gary B., 2010. "Slapped by the Invisible Hand: The Panic of 2007," OUP Catalogue, Oxford University Press, number 9780199734153.
    4. Bank for International Settlements, 2010. "Macroprudential instruments and frameworks: a stocktaking of issues and experiences," CGFS Papers, Bank for International Settlements, number 38.
    5. Janet L Yellen, 2011. "Macroprudential Supervision and Monetary Policy in the Post-crisis World," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 46(1), pages 3-12, January.
    6. Alan S. Blinder, 2010. "How Central Should the Central Bank Be?," Journal of Economic Literature, American Economic Association, vol. 48(1), pages 123-133, March.
    7. Ross Levine, 2010. "An Autopsy of the U.S. Financial System," NBER Working Papers 15956, National Bureau of Economic Research, Inc.
    8. Ross Levine, 2010. "An autopsy of the US financial system: accident, suicide, or negligent homicide," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 2(3), pages 196-213, August.
    9. Sushil Wadhwani, 2008. "Should Monetary Policy Respond To Asset Price Bubbles? Revisiting the Debate," National Institute Economic Review, National Institute of Economic and Social Research, vol. 206(1), pages 25-34, October.
    10. Alan S. Blinder, 2010. "How Central Should the Central Bank Be?," Journal of Economic Literature, American Economic Association, vol. 48(1), pages 123-133, March.
    11. repec:fip:fedgsq:y:2010:i:oct11 is not listed on IDEAS
    12. repec:pri:cepsud:198blinder is not listed on IDEAS
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    Cited by:

    1. Paul Wachtel, 2013. "Is Macro Prudential Regulation Possible?," Working Papers 13-09, New York University, Leonard N. Stern School of Business, Department of Economics.

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