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Independency of Central Bank: An Overview
Economic Journal of Nepal, 1999Not available.
H.D. Pant
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Looking Beyond the Trap: Fiscal Legacy and Central Bank Independence*
Oxford Bulletin of Economics and Statistics, 2023I model a stochastic non‐cooperative game between an independent central bank and a treasury and study optimal time‐consistent policy in the context of demand‐driven recessions and an occasionally binding zero lower bound constraint.
Charles de Beauffort
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Central-bank independence revisited
SSRN Electronic Journal, 2018In major advanced economies, including Australia, independent central banks have become established institutions. Yet there are reasons why the sustained presence of such an institution in a democratic society should be challenged. This paper considers the arguments usually advanced for central bank independence, and the underlying arguments for a ...
G.C. Harcourt +2 more
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Central bank capital management
Journal of Risk Management in Financial Institutions, 2023This paper offers general guidelines for central bank capital management. Capital adequacy is important to be a credible, independent monetary authority over a medium-term horizon.
P. Wessels, Dirk Broeders
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Journal of Economic Surveys, 2001
This paper reviews recent research on central bank independence (CBI). After we have distinguished between independence and conservativeness, research in which the inflationary bias is endogenised is reviewed. Finally, the various challenges that have been raised against previous empirical findings on CBI are discussed.
Berger, Helge +2 more
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This paper reviews recent research on central bank independence (CBI). After we have distinguished between independence and conservativeness, research in which the inflationary bias is endogenised is reviewed. Finally, the various challenges that have been raised against previous empirical findings on CBI are discussed.
Berger, Helge +2 more
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Central Bank independence [PDF]
In this paper we present the key aspects regarding central bank’s independence. Most economists consider that the factor which positively influences the efficiency of monetary policy measures is the high independence of the central bank. We determined that the National Bank of Romania (NBR) has a high degree of independence.
Vasile DEDU, Tiberiu STOICA
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Does the European Central Bank speak differently when in parliament?
Social Science Research Network, 2022Parliamentary hearings are a fundamental tool to hold independent central banks accountable. However, it is not clear what type of information central banks provide when they communicate with parliaments.
Nicolò Fraccaroli +3 more
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The public, the private and the secret: Thoughts on privacy in central bank digital currencies
Journal of Payments Strategy & Systems, 2021This paper discusses the issues surrounding privacy and anonymity in the context of central bank digital currency (CBDC). Most notably, central banks calibrating the design criteria for CBDC must strike a balance between data protection and the ...
David Ballaschk, J. Paulick
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