The European Central Bank
- Publisher: Goethe University, Center for Financial Studies (CFS) Frankfurt a. M.
Europäische Wirtschafts- und Währungsunion | Euro | E52 | European Central Bank | Central Banking | Monetary Union | EU-Staaten | E58 | Europäische Zentralbank | Central Banking,European Central Bank,Euro,Monetary Union | Zentralbank
jel: jel:E52 | jel:E58
The establishment of the ECB and with it the launch of the euro has arguably been a unique endeavor in economic history, representing an important experiment in central banking. This note aims to summarize some of the main lessons learned from this experiment and sketch some of the prospects for the ECB. It is written for "The New Palgrave Dictionary of Economics", 2nd edition. JEL Classification: E52, E58