Swiss Monetary History since the Early 19th Century by Peter Kugler

Swiss Monetary History since the Early 19th Century by Peter Kugler

This book describes the remarkable path which led to the Swiss Franc becoming the strong international currency that it is today. Ernst Baltensperger and Peter Kugler use Swiss monetary history to provide valuable insights into a number of issues concerning the organization and development of monetary institutions and currency that shaped the structure of financial markets and affected the economic course of a country in important ways. They investigate a number of topics, including the functioning of a world without a central bank, the role of competition and monopoly in money and banking, the functioning of monetary unions, monetary policy of small open economies under fixed and flexible exchange rates, the stability of money demand and supply under different monetary regimes, and the monetary and macroeconomic effects of Swiss Banking and Finance. Swiss Monetary History since the Early 19th Century illustrates the value of monetary history for understanding financial markets and macroeconomics today.

'The Swiss franc has been one of the strongest currencies in modern times, often serving as a safe haven for 'hot money'Understanding its history therefore provides new insights into the institutional foundations of monetary policy and the vagaries of international capital flows. Ernst Baltensperger and Peter Kugler do a superb job in explaining these topics. The book is required reading for anyone interested in monetary and financial history.' Tobias Straumann, Universität Zürich
'Two of Switzerland's most respected monetary economists offer us their unique perspective on two centuries of money and banking in Switzerland. Comprehensive and eminently readable, this is an excellent primer for anyone interested in Swiss financial history. Sweeping historical narrative, informative graphs, and careful econometric evidence give a fascinating overview of the evolution of the Swiss monetary system.' Stefan Gerlach, Chief Economist of BSI Bank and former Deputy Governor of the Central Bank of Ireland, 2011–15
'… the book presents a very interesting case study, which shows the findings of monetary theory and policy, which are impressively illustrated by the example of Switzerland.' Ulrich Woitek, translated from Swiss History Society

Ernst Baltensperger is Professor Emeritus of macroeconomics at Universität Bern, Switzerland and former director of the study center Gerzensee of the Swiss National Bank. He studied economics at Universität Zürich and received his Ph.D. in economics from The Johns Hopkins University. He was an advisor to the Swiss National Bank and the Swiss Government, and served as an editor of several academic journals. Peter Kugler is Professor Emeritus of monetary economics at Universität Basel, Switzerland. He has held previous positions as Professor of statistics at Universität Basel, Switzerland, of econometrics at Universität Bern, Switzerland and economics at Universität Wien, Austria. He served as member of the scientific advisory board of the Deutsche Bundesbank and was external advisor to the Swiss National Bank and the Swiss Government.

SKU	Nicht verfügbar
ISBN 13	9781107199309
ISBN 10	1107199301
Titel	Swiss Monetary History since the Early 19th Century
Autor	Ernst Baltensperger
Serie	Studies In Macroeconomic History
Buchzustand	Nicht verfügbar
Bindungsart	Hardback
Verlag	Cambridge University Press
Erscheinungsjahr	2017-08-03
Seitenanzahl	266
Hinweis auf dem Einband	Die Abbildung des Buches dient nur Illustrationszwecken, die tatsächliche Bindung, das Cover und die Auflage können sich davon unterscheiden.
Hinweis	Nicht verfügbar