The Evolution of Monetary Policy Strategies in Europe or A Piece of the Pie

The Evolution of Monetary Policy Strategies in Europe

Author: Aerdt C C Houben

The Evolution of Monetary Policy Strategies in Europe provides a comprehensive review of the advances in European monetary policy-making over the past decades. This book examines the considerations that determine a central bank's monetary strategy and explains how these considerations have featured in recent European monetary history. In so doing, it establishes what European monetary policy-makers have learned (or should have learned) and how they learned it. At the same time, Aerdt Houben maps out the rich monetary traditions that now flow together in the new-born Eurosystem and provides important insight into a prime influence on the system's decision-making, that is, the participating countries' past experiences.
The book's distinctiveness lies in its sweeping coverage of policy developments in the individual central banks of the European Union, its penetrating analysis of the country-specific learning curves and its balanced assessment of the viability of alternative monetary policy strategies, including the strategy recently adopted by the Eurosystem. It combines theoretical insights with an in-depth empirical study of monetary policy design in Europe, highlighting the specific features that have contributed to policy success or failure. While the subject of monetary policy strategy (especially that of the Eurosystem) is currently very topical, the book's detailed information on how monetary policy has actually been implemented in each of the 15 European Union countries makes it a useful reference work with a long life-span.

Read also Ethical Gourmet or Texas Judicial Cookbook

A Piece of the Pie: Blacks and White Immigrants since 1880

Author: Stanley Lieberson

There is little question that the descendants of the new European immigrant groups from Southern, Central, and Eastern Europe have done very well in the United States, reaching levels of achievement far above blacks. Yet the new Europeans began to migrate to the United States in 1880, a time when blacks were no longer slaves. Why have the new immigrants fared better than the blacks? This volume focuses on the historical origins of the current differences between the groups.
Professor Lieberson scoured early U. S. censuses and used a variety of offbeat information sources to develop data that would throw light on this question, as well as provide new information on occupations at the turn of the century, finding remarkable parallels between the black position in the urban South and the urban North. He examines and compares progress in education and in politics between the new Europeans and the blacks. What were the effects of segregation? Why did labor unions discriminate more severely against blacks than against the new immigrant groups? This book will generate a fresh interpretation of the origins of black-new European differences, one which explains why other nonwhite groups, such as the Chinese and Japanese, have done relatively well.

Table of Contents:

Preface
Acknowledgments

1. The Problem: Black-New European Differences

Part I: Structural Background
2. The Initial Conditions
3. Government: Black Participation and Power
4. Government: The New European Groups
5. Legal and Political Issues

Part II: Socioeconomic Conditions
6. Education
7. Education in the North
8. Further Analyses of Education in the North
9. Residential Segregation
10. Earning a Living: 1900
11. Occupational Trends Earlier in this Century

Part III: Conclusions
12. Conclusions

References
Index