The Economics of Target Balances: From Lehman to Corona

by Hans-Werner Sinn

Chapter 1: Target: An obscure aspect of the Eurosystem.- Chapter 2: The Target credit.- Chapter 3: Current account, capital movements and Target balances.- Chapter 4: The cash balance.- Chapter 5: How the Target balances came about: the first phase of the crisis.- Chapter 6: The case of Greece.- Chapter 7: External crowds out internal money.- Chapter 8: The QE program and the Target balances.- Chapter 9: The rate of interest on Target balances.-...

• Format: Paperback
• Language: English
• ISBN: 3030501698
• ISBN13: 9783030501693
• Release Date: October 2020
• Publisher: Palgrave MacMillan
• Length: 146 Pages
• Weight: 0.53 lbs.
• Dimensions: 0.3" x 6.1" x 9.2"