Results 11 to 20 of about 2,110,912 (308)
Central Banking without Central Bank Money
Given the rapidly declining demand for central bank reserves and their gradual replacement in wholesale payments by alternative forms of money—clearinghouse moneyand treasury money—this paper discusses whether the complete extinction of base money could undermine monetary control.
Alain Ize, Arto Kovanen, Timo Henckel
openaire +2 more sources
Central Bank Digital Currency and Banking [PDF]
This paper builds a model with imperfect competition in the banking sector. In the model, banks issue deposits and make loans, and deposits can be used as payment instruments by households. We use the model to assess the general equilibrium effects of introducing a central bank digital currency (CBDC).
Chiu, Jonathan +3 more
openaire +2 more sources
A dynamic fragmentation of the misery index in Nigeria
This study adopts a dynamic approach to compute the level of economic distress in Nigeria. Quarterly series from 2002Q1 to 2016Q4 were utilized in computing the index.
K. Moses Tule +3 more
doaj +1 more source
EXCHANGE RATE AND INTEREST RATE DIFFERENTIAL IN G7 ECONOMIES
We offer new insights on the dynamics of the exchange rate–interest rate differential for the case of G7 economies. We show that the nexus is better considered using an asymmetric model, as suggested by a host of previous studies.
Peter Golit +4 more
doaj +1 more source
A measure of Turkey's sovereign and banking sector credit risk: Asset swap spreads
The existence of the credit derivatives written on the eurobonds such as credit default swaps or asset swaps allows policymakers and investors to monitor the evolvement of credit risk. However, these instruments are mostly available in advanced economies,
Doruk Küçüksaraç +3 more
doaj +1 more source
Objective To explore the significance of blending internal controls by automatic sample processing instruments in the enzyme linked immunosorbent assay (ELISA). Methods The internal controls were vortexed and mixed before the test, and then were added to
Jing GAO, Jianhuai JIN, Youshan XU
doaj +1 more source
The Mystique of Central Bank Speak [PDF]
Despite the recent trend toward greater transparency of monetary policy, in many respects mystique still prevails in central bank speak. This paper shows that the resulting perception of ambiguity could be desirable.
Geraats, PM
core +1 more source
Political Pressures and Monetary Mystique [PDF]
Central bank independence and transparency have become best practice in monetary policy. This paper cautions that transparency about economic information may not be beneficial in the absence of central bank independence.
Geraats, Petra M.
core +4 more sources
How long can austerity persist? The factors that sustain fiscal consolidations
To put public debt on a sustainable path, many governments face the task of enacting large fiscal consolidation followed by years of sustained primary surpluses.
David Lodge, Marta Rodriguez-Vives
doaj +3 more sources
How Transparent Are Central Banks? [PDF]
Central bank transparency has become the topic of a lively public and academic debate on monetary policy. Unfortunately, it has been complicated by the fact that transparency is a qualitative concept that is hard to measure.
Eijffinger, Sylvester C. W. +1 more
core +1 more source

