BN.com Gift Guide

The Trader's Guide to the Euro Area: Economic Indicators, the ECB and the Euro Crisis [NOOK Book]

Overview

A user-friendly guide to understanding and interpreting economic indicators specific to the European markets and how to integrate them into your decision-making process

Many North American investors have a tentative grasp, at best, of the intricacies of data watching and monetary policy in Europe. Similarly, many investors based in Europe don't fully understand the difference between the way the Bank of England, the European Central Bank, the Federal Reserve, the Norges Bank, ...

See more details below
The Trader's Guide to the Euro Area: Economic Indicators, the ECB and the Euro Crisis

Available on NOOK devices and apps  
  • NOOK Devices
  • Samsung Galaxy Tab 4 NOOK 7.0
  • Samsung Galaxy Tab 4 NOOK 10.1
  • NOOK HD Tablet
  • NOOK HD+ Tablet
  • NOOK eReaders
  • NOOK Color
  • NOOK Tablet
  • Tablet/Phone
  • NOOK for Windows 8 Tablet
  • NOOK for iOS
  • NOOK for Android
  • NOOK Kids for iPad
  • PC/Mac
  • NOOK for Windows 8
  • NOOK for PC
  • NOOK for Mac
  • NOOK for Web

Want a NOOK? Explore Now

NOOK Book (eBook)
$28.99
BN.com price
(Save 42%)$50.00 List Price
Note: This NOOK Book can be purchased in bulk. Please email us for more information.

Overview

A user-friendly guide to understanding and interpreting economic indicators specific to the European markets and how to integrate them into your decision-making process

Many North American investors have a tentative grasp, at best, of the intricacies of data watching and monetary policy in Europe. Similarly, many investors based in Europe don't fully understand the difference between the way the Bank of England, the European Central Bank, the Federal Reserve, the Norges Bank, the Riksbank, and the Swiss National Bank operate. With the global implications of the mounting European debt crisis, there's never been a greater need for a book like this. The first comprehensive guide to a user-friendly guide to all the European economic indicators that matter for finance professionals, it explains and compares the essentials of the full range of key euro indicators.

  • The only comprehensive guide to the key European economic indicators, and how to read and interpret them
  • Covers indicators for Germany, and how they compare with those in the U.K., Switzerland, Norway, Sweden, and the U.S.
  • Explains the differences between a budget deficit, a primary deficit, a structural deficit, and a cyclically adjusted deficit
  • Fills you in on the key differences between the European and US approach, such as why Europe targets headline inflation instead of core inflation like the Federal Reserve
Read More Show Less

Product Details

  • ISBN-13: 9781118440049
  • Publisher: Wiley
  • Publication date: 8/14/2013
  • Series: Bloomberg Financial
  • Sold by: Barnes & Noble
  • Format: eBook
  • Edition number: 1
  • Pages: 216
  • File size: 6 MB

Table of Contents

Acknowledgements ix

CHAPTER 1

Introduction 1

CHAPTER 2

Gross Domestic Product 5

The Expenditure Approach 5

The Output Method 10

The Income Method 11

GNP vs. GDP 11

Release Schedule 12

Trend Growth 15

The Business Cycle 16

Monetary Conditions Index 19

Effects of Monetary Policy on GDP 19

Effects of the Exchange Rate on GDP 21

Exchange-Rate Defl ators 23

CHAPTER 3

Coincident Indicators 27

PMI Surveys 27

Industrial Production 31

CHAPTER 4

Leading Indicators 35

Financial Conditions Index 35

The U.S. Business Cycle 38

ZEW Survey 39

Ifo Survey 41

M1 Money Supply Growth 52

CHAPTER 5

Inflation Measures 57

Consumer Price Index 57

Producer Price Index 63

Labor Costs 65

Money Supply 68

Inflation Expectations 76

CHAPTER 6

The European Central Bank 83

Traffic Light System 86

Mandate 88

Two-Pillar Strategy 90

Monetary Policy Implementation 91

Intervention in the Currency Markets 93

Taylor Rule 95

CHAPTER 7

Other Institutions 101

Council of the European Union 101

European Parliament 102

European Commission 102

Ecofin 103

Eurogroup 103

European Council 104

CHAPTER 8

Euro Crisis 105

Origins 105

Optimal Currency Area Th eory 109

Fiscal Consolidation 111

Quantitative and Qualitative Easing 112

Government Bond Purchases 115

Measures of National Solvency 117

Target2 Balances 121

Resolution 123

Departure from the Euro Area 127

Tools for Analyzing Debt Sustainability 127

CHAPTER 9

Germany 133

Labor Market 133

Political Institutions 137

Political Parties 139

CHAPTER 10

France 143

CHAPTER 11

United Kingdom 145

The Bank of England 145

Quantitative Easing 153

GDP 155

Inflation Measures 157

House Prices 158

Political Institutions 164

CHAPTER 12

Switzerland 167

The Swiss National Bank 167

KOF Leading Indicator 168

CHAPTER 13

Sweden 171

CHAPTER 14

Norway 175

Bibliography 179

Index 197

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)