Results 31 to 40 of about 4,795,791 (345)
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
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The COVID-19 pandemic deeply impacted not only human wealth but also all segments of the economy as well as the field of technology. Thus, the purpose of this paper was to analyze the effects that the pandemic crisis and digitization have had on the ...
N. Doran, R. Bădîrcea, A. Manta
semanticscholar +1 more source
Central bank independence: A sensitivity analysis [PDF]
Abstract This paper investigates the empirical relationship between four measures of central bank independence and macroeconomic performance. We look at both the mean and the variance of output and inflation for twenty industrial countries for the period 1972–1992. The elasticity of inflation with respect to central bank independence is estimated and
Eijffinger, S.C.W. +2 more
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ROLE OF EARLY WARNING SYSTEMS IN PREDICTING THE STOCK PRICE CRISIS: WHAT WE LEARNT FROM GRASSHOPPER AND ANTS FABLE [PDF]
Early warning systems are too important tools in predicting the crisis in financial institutions say banks and stock markets. A consequence of crashes in a specified stock or stock market is financial crisis.
Reza HABIBI
doaj
GREEN CENTRAL BANKING: A NEW ROLE FOR THE CENTRAL BANKS IN THE FINANCIAL SYSTEM
The financial sector has a key role to play in the transition to a more sustainable and low-carbon economy. Being major actors in the financial system, central banks can exert influence to encourage the adoption of green finance and reduce risks ...
Omer Faruk Tekdogan
doaj +1 more source
Outsourcing Central Banking: Lessons from Estonia
The literature on Currency Boards (CB) stops at the water edge in terms of dealing with the totality of the functions of a central bank. Monetary policy, and banking supervisioncan be "outsourced" in an open economy with substantial foreign direct investment (FDI)in the banking sector if political nationalism does not trump economic rationality.
Khoury, Sarkis Joseph, Wihlborg, Clas
openaire +5 more sources
Carrots with(out) sticks: credit policy and the limits of green central banking
This article considers the role of central bank interventions in credit and financial markets in support of decarbonization. Drawing on the critical macrofinance literature, we argue that central banks are constrained in greening financial flows by their
Katie Kedward +2 more
semanticscholar +1 more source
The Gender Promotion Gap: Evidence from Central Banking
We examine gender differences in career progression and promotions using personnel data from the European Central Bank (ECB) during the period 2003–2017. A gender wage gap emerges within a few years of hiring, despite broadly similar entry conditions. We
Laura Hospido, L. Laeven, Ana E. Lamo
semanticscholar +1 more source
AbstractThis chapter develops further the role of a central bank and its interplay with commercial banks. Together, the two ensure the provision of liquidity to the economy, such that the real sectors are shielded from flows of funds originating from household and investors.
Ulrich Bindseil, Alessio Fotia
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The paper is an examination of Balassa’s ‘revealed comparative advantage’ (RCA). The results of researches show that when using the RCA, it should always be attuned in such a way, that it becomes symmetric.This paper consists of three major parts i.e ...
Bakhshinejad Mahmood, Hassanzadeh Ali
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