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Adaptation and Central Banking
SSRN Electronic Journal, 2018What or who governs central bank decisions? Most considerations focus on motivations. Instead, we consider the extent to which specific behaviors have adaptive value in the context of central banking. From that perspective, poor decisions are not the product of poor motivations. They are, instead, a product of the poor institutions within which central
Alexander W. Salter, William J. Luther
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Conservative central banks: how conservative should a central bank be?
Scottish Journal of Political Economy, 2017AbstractUsing Rogoff's, 1985 model, we determine how inflation averse a central banker should be, given the level of volatility and projected output gap in the economy. We confirm a strong degree of conservatism, almost twice what society would have chosen.
Hallett, Andrew Hughes +1 more
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In Vitro, 1981
The National Institute of Allergy and Infectious Diseases is developing, with the American Type Culture Collection, a central facility for the acquisition, maintenance, and distribution of hybridoma cell lines. This effort finds its principal justification in the great activity in this field and in the large variety of hybridoma lines that are produced
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The National Institute of Allergy and Infectious Diseases is developing, with the American Type Culture Collection, a central facility for the acquisition, maintenance, and distribution of hybridoma cell lines. This effort finds its principal justification in the great activity in this field and in the large variety of hybridoma lines that are produced
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Journal of European Public Policy, 2005
More than 90 per cent of all independent states have established a central bank in some form or other. During the 1990s, a vast majority of all central banks underwent structural reforms, thus achieving a larger measure of legal independence. The article illustrates that the central bank case is particularly interesting since it demonstrates that ...
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More than 90 per cent of all independent states have established a central bank in some form or other. During the 1990s, a vast majority of all central banks underwent structural reforms, thus achieving a larger measure of legal independence. The article illustrates that the central bank case is particularly interesting since it demonstrates that ...
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Journal of Economic Surveys
Trust in the central bank is an essential ingredient for a successful conduct of monetary policy. However, for many central banks trust has recently declined, for instance in the wake of the post-pandemic inflation surge, due to large errors in central banks’ inflation forecasts, or given problems when exiting from forward guidance.
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Trust in the central bank is an essential ingredient for a successful conduct of monetary policy. However, for many central banks trust has recently declined, for instance in the wake of the post-pandemic inflation surge, due to large errors in central banks’ inflation forecasts, or given problems when exiting from forward guidance.
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2008
Central bank independence refers to the freedom of monetary policymakers from direct political or governmental influence in the conduct of policy.
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Central bank independence refers to the freedom of monetary policymakers from direct political or governmental influence in the conduct of policy.
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Bank Concentration and Central Banks
2009There are two general themes in this chapter. First, a group of sections focuses on the issue of monopoly in banking markets. The relaxation of entry in local markets reduced significantly the measurement and need for regulation of market power. Second, financial stabilization to prevent and resolve banking and financial crises is managed by central ...
Carlos M. Peláez, Carlos A. Peláez
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Disrupting Central Banking or Shadow Central Banking
Abstract Private entities have recently attempted to invade the realm of central banking. This chapter identifies such activity as ‘shadow central banking’, and draws analogies to the previous emergence of ‘shadow banking’ more generally.openaire +1 more source
Brain and Other Central Nervous System Tumor Statistics, 2021
Ca-A Cancer Journal for Clinicians, 2021Rebecca L. Siegel +2 more
exaly
The Central Bank and Bank Regulation
1990The purpose of this chapter is to outline the main functions of a central bank, examine the operations of the Bank of England and discuss banking regulation in the United Kingdom. The first part of this chapter deals with the main functions of a central bank and also considers the history and organisational set-up of the Bank of England.
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