Results 21 to 30 of about 6,876,947 (311)
, 2020 During the past decades, central banks acquired considerable independence from democratic institutions under the Central Bank Independence (CBI) template. Yet, the changing role of central banks since the 2007–2008 crisis has led to a (re)politicization of central banking and has weakened the scientific and political consensus on the CBI model. In turn,
Fontan, Clément, Larue, Louis
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The Behavior and Determinants of Stock Market Index in Indonesia
Indonesian Capital Market Review, 2014 This research proves that the movement of Stock Market Index (JSX) in Indonesia does not follow random walk.
Gantiah Wuryandani
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Upside and downside correlated jump risk premia of currency options and expected returns
Financial Innovation, 2023 This research explores upside and downside jumps in the dynamic processes of three rates: domestic interest rates, foreign interest rates, and exchange rates.
Jie-Cao He +3 more
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Introduction to Central Banking
, 2021 This open access book gives a concise introduction to the practical implementation of monetary policy by modern central banks. It describes the conventional instruments used in advanced economies and the unconventional instruments that have been widely adopted since the financial crisis of 2007–2008.
Bindseil, Ulrich, Fotia, Alessio
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BALANCING MONETARY POLICY IN DEFENCE ECONOMICS IN UKRAINE
Фінансово-кредитна діяльність: проблеми теорії та практики, 2023 The russian federation's launch of a full-scale war against independent Ukraine on February 24, 2022, has presented unprecedented challenges to the country.
Nataliia Versal +5 more
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Central Bank Independence: The Case of North African Central Banks
Journal of Central Banking Theory and Practice, 2023 Abstract The independence of Central Banks is still considered to be a credibility factor in ensuring price stability. Thus, many central banks in transition countries have undergone a change in their statutes in order to achieve greater independence from governments. In this vein, within a decade, North African Central Banks have put
Haoudi, Amina, Touati, Ali Bennagem
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Central Banking Without Central Bank Money
IMF Working Papers, 1999 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
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How transparent are central banks? [PDF]
European Journal of Political Economy, 2006 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. This paper proposes a comprehensive index for central bank transparency that comprises the political, economic, procedural ...
Eijffinger, Sylvester C W +1 more
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Bank panics and the endogeneity of central banking [PDF]
Journal of Monetary Economics, 2005 Central banking is intimately related to liquidity provision to banks during times of crisis, the lender-of-last-resort function. This activity arose endogenously in certain banking systems. Depositors lack full information about the value of bank assets so that during macroeconomic downturns they monitor their banks by withdrawing in a banking panic.
Gary Gorton, Lixin Huang
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Linear and Non-Linear effect of Exchange Rate on Iranian Banks’s Financial Soundness [PDF]
Iranian Journal of Economic StudiesThis study investigates the linear and non-linear effects of official and non-official exchange rates on the financial soundness of Iranian banks, with a focus on ownership type (private-owned, state-owned commercial, and state-owned specialized banks ...
Azam Ahmadyan, Mohammad Valipourpasha
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