Aspects of Central Bank Policy Making

  • Zvi Eckstein
Conference proceedings

Table of contents

  1. Front Matter
    Pages I-XV
  2. Rules and Constraints on Monetary Policy

  3. Insurance and Regulation of Commercial Banks

    1. Benjamin Bental, Zvi Eckstein, Dan Peled
      Pages 241-265
    2. John H. Boyd, Arthur J. Rolnick
      Pages 267-297
  4. Review of Monetary Policy in Germany and Israel

About these proceedings


This volume is a collection of papers which were presented and discussed at a conference on "Aspects of Central Bank Policy Making" which took place in January 1990 at the Bank of Israel and Tel Aviv University. The conference marked the tenth anniversary of the passing of David Horowitz who was the first governor of the Bank of Israel. The conference was sponsored by the Bank of Israel and the David Horowitz Institute for the Research of Developing Countries at Tel Aviv University. Eitan Berglas, Zvi Eckstein and Mordechai Fraenkel served as organizing committee. The volume has three parts. The first part deals with the rules and the constraints that are fundamental for central bank policy making. It starts with a critical review of 75 years of monetary policy of the U.S. Federal Reserve Bank, followed by several studies directed at the issues concerning the establishment of a European central bank. The second part deals with the insurance, regulation and safety of commercial banks. The last part contains analysis of monetary policies in Germany and Israel. Part of the research included in this volume is the result of a two years research project on "Central Bank Policies, Disinflation and the Macroeconomy" conducted at the David Horowitz Institute. The contributors to this project were: the Bundesbank, the Bank of England, the Bank of Italy, the Bank of Israel, the Bank for International Settlements and the Bank of the Netherlands.


Bankpolitik Central Bank Policy Exchange Rate Policy Geld Geldpolitik Germany Wechselkurspolitik Zentralbank-Politik economy inflation insurance monetary policy research science and technology university

Editors and affiliations

  • Zvi Eckstein
    • 1
    • 2
  1. 1.Department of EconomicsTel Aviv UniversityTel AvivIsrael
  2. 2.Department of EconomicsBoston UniversityBostonUSA

Bibliographic information

  • DOI
  • Copyright Information Springer-Verlag Berlin Heidelberg 1991
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-642-76776-0
  • Online ISBN 978-3-642-76774-6
  • Buy this book on publisher's site