Monetary policy implementation refers to the mechanism for interbank payments, the set of administered interest rates, and the strategy for central bank actions designed to achieve an intermediate monetary policy goal – for example a target for an overnight nominal interest rate. This piece shows the implications of the Poole model – a common framework used to articulate ideas about monetary policy implementation – for corridor and floor systems of monetary policy implementation. A general...

The military branch of the Nazi SS security organisation grew from only a handful of battalions at the outbreak of war in 1939 to hundreds of thousands of troops in dozens of divisions.The battlefield reputation of the premier armoured and mechanised divisions would become second to none; lavishly equipped and regarded as utterly reliable, they were thrown into many desperate battles on both Western and Eastern fronts, often achieving remarkable results.Ill...

The Waffen-SS grew from a handful of obscure infantry battalions in 1939, to a force of more than 30 divisions by the end of World War II, including units of every type and every level of battlefield value.The mid-war divisions covered in this third title represent that range, from some of the most effective German and Western European volunteer formations – e.g. the 12. SS-Pz Div 'Hitlerjugend', and the Scandinavians and Dutchmen of the 11. 'Nordland' and 23. 'Ned...

Each of Germany's World War II armed services could claim one unit which earned a unique combat reputation, and which consequently was enlarged and developed far beyond the size originally planned.Hermann Göring, commander-in-chief of the air force, was determined that his Luftwaffe should share the glory of Germany's land conquests, and gave his name to a regimental combat group of infantry and Flak artillery. This élite unit was steadily enlarged into a brigade, ...

In 1944–45 the Waffen-SS formed many nominal 'divisions' from a motley range of sources, whose battlefield value was as varied as their backgrounds.The best were built around existing Western European volunteer regiments; some, raised from Central Europeans and Russians, were strong in numbers but weak in morale; some were of negligible size, scraped together from remnants and trainees; and some were sinister 'anti-partisan' gangs, assembled from the military dregs...

The military branch of the Nazi SS security organisation grew by the end of World War II from a handful of poorly regarded infantry battalions in 1939, into a force of more than 30 divisions including units of every type.Their battlefield reputation varied widely, from the premier armoured divisions which formed Germany's utterly reliable spearheads on both main fronts, to low quality 'anti-partisan' units. The divisions covered in this second of four titles includ...

The Waffen-SS grew from a handful of obscure infantry battalions in 1939, to a force of more than 30 divisions by the end of World War II, including units of every type and every level of battlefield value.The mid-war divisions covered in this third title represent that range, from some of the most effective German and Western European volunteer formations – e.g. the 12. SS-Pz Div 'Hitlerjugend', and the Scandinavians and Dutchmen of the 11. 'Nordland' and 23. 'Ned...

Each of Germany's World War II armed services could claim one unit which earned a unique combat reputation, and which consequently was enlarged and developed far beyond the size originally planned.Hermann Göring, commander-in-chief of the air force, was determined that his Luftwaffe should share the glory of Germany's land conquests, and gave his name to a regimental combat group of infantry and Flak artillery. This élite unit was steadily enlarged into a brigade, ...

The military branch of the Nazi SS security organisation grew from only a handful of battalions at the outbreak of war in 1939 to hundreds of thousands of troops in dozens of divisions.The battlefield reputation of the premier armoured and mechanised divisions would become second to none; lavishly equipped and regarded as utterly reliable, they were thrown into many desperate battles on both Western and Eastern fronts, often achieving remarkable results.Ill...

In 1944–45 the Waffen-SS formed many nominal 'divisions' from a motley range of sources, whose battlefield value was as varied as their backgrounds.The best were built around existing Western European volunteer regiments; some, raised from Central Europeans and Russians, were strong in numbers but weak in morale; some were of negligible size, scraped together from remnants and trainees; and some were sinister 'anti-partisan' gangs, assembled from the military dregs...

Fighting in every theatre from the burning sands of North Africa to the icy wastes above the arctic circle, the German Army's Gebirgstruppen troops were some of the most effective in the whole of the Wehrmacht.Their esprit de corps and morale were extremely high and their commanders, men such as Eduard Dietl, the 'Hero of Narvik', and Julius 'Papa' Ringel, were idolised by their men. Dietl himself was the first soldier of the Wehrmacht to be awarded the coveted Oak...

This issue, we have original mysteries from Janice Law (thanks to Acquiring Editor Michael Bracken) and our BCW’s very own Ron Miller (who moonlights as our Art Director), plus a modern masterpiece by Gina Nelson (thanks to Acquiring Editor Barb Goffman). Add a rare Golden Age mystery novel by James Hay, Jr. and we have quite a winning mix.But wait, there’s more! No issue is complete without a solve-it-yourself puzzler from Hal Charles.On the science fiction side, we have a...