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This is where to find other economic publications together with an overview of the conference proceedings of the Deutsche Bundesbank published to date.
The Deutsche Bundesbank has held a Spring Conference each year from 1999 to 2002. In April 1999 the conference was devoted to the subject of "The monetary transmission process: recent developments and lessons for Europe". In 2000 the conference subject was "Investing today for the world of tomorrow". In 2001 the Bundesbank organised a Spring Conference on the subject of "Ageing, financial markets and monetary policy". The 2002 Spring Conference was entitled "Direct investment in the real and financial sector of industrial countries". Conference proceedings have been published in each case. Please note, however, that these proceedings are not available from the Deutsche Bundesbank, but only from booksellers.
The debate about the monetary transmission process has become more
intense in recent years. It was given additional impetus by the start of European
monetary union. This book brings together papers and comments on this subject
from leading academics and central bank economists. Important methodological
questions relating to the transmission of monetary policy and to monetary strategy
are discussed by McCallum, Svensson and Weber. The role of monetary aggregates
in the monetary transmission process in the United States is illustrated by
Meltzer. In this context Cecchetti and Schmidt consider the significance of
different financial systems. Burda examines the extent to which the incomplete
integration of labour markets may complicate monetary policy in the euro area.
The book is rounded off by commentaries and interventions from Issing, Giavazzi,
Berg, Visco, Neumann et al.
Investment
is crucial for a nation's economic growth and welfare. In contrast to the situation
in the United States, the volume of investment in Europe has been fairly modest
in recent years. This book explores the reasons for this. It contains numerous
papers and commentaries from prominent researchers in this field such as Chirinko,
Harhoff, Hall, Hellwig, Hubbard, Mairesse, Funke, Seitz and Lipsey. Among the
topics examined are the connection between investment, on the one hand, and
taxation, uncertainty and the nature of financial systems, on the other. The
conference volume also highlights the determinants and implications of public-sector
investment and foreign direct investment.
Western
industrial countries are faced with an ageing population. In this book renowned
academics present an overview of some implications of population ageing for
economic developments and the financial systems. The first chapter discusses
the consequences of the ageing process for savings patterns and international
capital flows. The possible effects on the financial markets and on monetary
policy are also discussed. The book focuses particularly on the situation in
Europe.
International
economic integration is one of the major issues of our time. This book contains
articles on the determinants and effects of foreign direct investment in the
real and financial sector of the industrial countries. These articles shed new
light on the motives behind direct investment, especially the role played by
government incentives. Considerable attention is also devoted to the part played
by foreign direct investment in the acceding countries of eastern Europe. The
future impact of EU enlargement on the flows of capital into these countries
is discussed. The debate on international bank mergers has intensified since
the start of European monetary union. Articles in the last section of the book
deal with this subject.