Results 51 to 60 of about 2,854 (158)

Modelling the Demand for Indonesia’s Foreign Reserves

ECONOMICS
The foreign reserves sufficiency is important to maintain macroeconomic stability. The main objective of this paper is to model the behaviour of the central bank in accumulating the foreign reserves in the case of Indonesia. Unlike the previous empirical
Kuncoro Haryo, Pardede Josua
doaj   +1 more source

Bitcoin as a New Currency

Folia Oeconomica Stetinensia, 2020
Research background: Bitcoin is the most popular financial instrument within the new cryptocurrencies class, which emerged in the wake of the financial crisis of 2007/2008.
Brzeszczyński Janusz, Gajdka Jerzy, Schabek Tomasz   +2 more
doaj   +1 more source

Monetary policy and financial stability in emerging market economies

Latin American Journal of Central Banking, 2020
During the 1990s and early 2000s, the consensus was that central banks had to adjust interest rates only in response to inflation and (possibly) output. Such consensus was questioned in the aftermath of the Global Financial Crisis, as well as during the ...
Martin Tobal, Lorenzo Menna
doaj   +1 more source

La experiencia española de la banca emisora: la pluralidad de emisión en el siglo XIX*

El Trimestre Económico
En las décadas centrales del siglo XIX, España desarrolló un sistema bancario basado en la pluralidad de emisión. Diversos bancos fueron autorizados por el Estado para hacer circular sus billetes en sus respectivas provincias. Este proceso dio lugar a un
Yolanda Blasco-Martel, Carles Sudrià i Triay   +1 more
doaj   +1 more source

La transmisión de la política monetaria a través del crédito bancario en México

El Trimestre Económico
Este artículo analiza empíricamente la existencia del canal de crédito de la política monetaria en México, es decir, la relación entre cambios en la tasa de interés objetivo y las variaciones en el crédito otorgado por bancos comerciales.
Atzin Chiguil-Rojas, Gerardo Esquivel, Julio Leal   +2 more
doaj   +1 more source

Is Central Banks’ Effectiveness Related to their Transparency? A Case of European Economies

Folia Oeconomica Stetinensia, 2018
This article presents a novel transparency measure and examines forward-looking transparency of six European central banks. It aims at evaluating whether the higher degree of transparency is related to better economic stabilization expressed in terms of ...
Szyszko Magdalena, Próchniak Mariusz
doaj   +1 more source

In ricordo di Tommaso Padoa-Schioppa (In Memory of Tommaso Padoa-Schioppa)

Moneta e Credito, 2011
C.A. Ciampi, Past President of the Italian Republic, commemorates his former colleague and friend Tommaso Padoa Schioppa, past Ministry of the Economy, recently deceased.     JEL Codes: B32, A13, E58          
Carlo Azeglio Ciampi
doaj   +1 more source

CBDC and Trust in A Central Bank: Transitivity Of Preferences Vs. The Privacy Paradox

Financial Internet Quarterly
The privacy and anonymity of transactions are considered some of the biggest challenges when designing Central Bank Digital Currencies (CBDC). While many surveys show that people strongly prefer privacy in their transactions, behavioral theories suggest ...
Koziuk Viktor, Ivashuk Yurii, Hayda Yurii, Dluhopolskyi Oleksandr   +3 more
doaj   +1 more source

Central Bank Independence: Does Legal Origins Matter?

ECONOMICS
Legal Origins and Law and Finance literature, despite heavy criticism, shows vivid examples of how legal traditions affect economic and political institutions with strong consequences for financial systems.
Koziuk Viktor
doaj   +1 more source

Effect of Monetary Policy Decisions and Announcements on the Price of Cryptocurrencies: An Elastic-Net With Arima Residuals Approach

Economics and Culture
This study analysed the three cryptocurrencies with the largest market capitalization: Bitcoin, Ether (cryptocurrency built upon the Ethereum project's blockchain technology), and Binance coin, which account for 60% of the total cryptocurrency market ...
Peciulis Tomas, Vasiliauskaite Asta
doaj   +1 more source