The Economics of Target Balances: From Lehman to Corona by Hans-Werner SinnEnglish | PDF,EPUB | 2020 | 151 Pages | ISBN : 3030501698 | 5.5 MB
"Though not initially expected or understood large movements in target balances at Eurozone Central Banks turned out to be a central essential feature of enabling the euro-system to survive a series of major shocks. In this beautifully and magisterially written book, Sinn describes clearly how this complex system has operated, and the several problems that this has entailed. An essential read for anyone interested in the workings of the euro-system."