Results 21 to 30 of about 56,416 (264)
Os Bancos Centrais e sua ambivalência público-privada [Central Banks and their public-private nature] [PDF]
Nova Economia, 2001 The paper analyzes the historic origin of Central Banks, from three basic processes: the evolution and convergence of the free banking system to a hierarchical and centralized system in the Central Bank; the transformation of Clearing Houses in Central ...
Gentil Corazza
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Central banks in European emerging market economies in the 1990s
PSL Quarterly Review, 2013 This paper analyzes the institutional framework of central banks in ten Central and East European countries using the ECB as benchmark. It looks at the legislated objectives of these central banks, assesses the degree of political and functional ...
Eduard Hochreiter, Tadeusz Kowalski
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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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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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The early prediction of bank defaults by central banks [PDF]
PanoeconomicusThis article elucidates the approach used by central banks to monitor bank stability at an early stage. Existing default prediction models use CAMELS to estimate bank stability.
Larionov Alexander Vitalevich
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The evolving role of national central banks
Финансы: теория и практика, 2022 The article is devoted to the study of modern trends in the development of functions and instruments of central banks (CB). The article aims to identify new CB approaches to crisis management and the used tools’ analysis and to study the transformation ...
V. V. Kuznetsova, O. I. larina
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Bank panics and the endogeneity of central banking [PDF]
Journal of Monetary Economics, 2002 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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Realising Central Banks’ Climate Ambitions Through Financial Stability Mandates
Intereconomics, 2022 This paper discusses how financial stability governance has evolved and how central banks and financial regulators are coping with the threats posed by climate uncertainty, providing an overview of G20 countries’ green central banking experiences in the ...
Paola D’Orazio, Lilit Popoyan
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Central Bank Digital Currency and Banking [PDF]
SSRN Electronic Journal, 2019 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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Investigating the Factors Affecting Banks' Reliance on Central Bank Resources Using the GMM Method [PDF]
مطالعات مالی و بانکداری اسلامی, 2017 The central role of the central bank as the regulator of the monetary and credit system of the country plays the role of a lender of last resort in order to support banks to avoid deficit of liquidity and financial crises. The purpose of this study is to
Mohammad Ali Dehghan Dehnavi +1 more
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