Author: Richard BailliePublisher:
ISBN:
Category : Banks and banking, Central
Languages : en
Pages : 48
Book Description
Central Bank Intervention and Properties of the 1920s Currency Markets
Author: Richard BailliePublisher:
ISBN:
Category : Banks and banking, Central
Languages : en
Pages : 48
Book Description
Central Banks at a Crossroads
Author: Michael D. BordoPublisher: Cambridge University Press
ISBN: 131665432X
Category : Business & Economics
Languages : en
Pages : 719
Book Description
Throughout their long history, the primary concern of central banks has oscillated between price stability in normal times and financial stability in extraordinary times. In the wake of the recent global financial crisis, central banks have been given additional responsibilities to ensure financial stability, which has sparked intense debate over the nature of their role. Bankers and policy makers face an enormous challenge finding the right balance of power between the central bank and the state. This volume is the result of an international conference held at Norges Bank (the central bank of Norway). International experts and policy makers present research and historical analysis on the evolution of the central bank. They specifically focus on four key aspects: its role as an institution, the part it plays within the international monetary system, how to delineate and limit its functions, and how to apply the lessons of the past two centuries.
The Federal Reserve System Purposes and Functions
Author: Board of Governors of the Federal Reserve SystemPublisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0
Book Description
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Central Banking in Latin America
Author: Mr.Luis Ignacio JácomePublisher: International Monetary Fund
ISBN: 1484303180
Category : Business & Economics
Languages : en
Pages : 57
Book Description
This paper provides a brief historical journey of central banking in Latin America to shed light on the debate about monetary policy in the post-global financial crisis period. The paper distinguishes three periods in Latin America’s central bank history: the early years, when central banks endorsed the gold standard and coped with the collapse of this monetary system; a second period, in which central banks turned into development banks under the aegis of governments at the expense of increasing inflation; and the “golden years,” when central banks succeeded in preserving price stability in an environment of political independence. The paper concludes by cautioning against overburdening central banks in Latin America with multiple mandates as this could end up undermining their hard-won monetary policy credibility.
The North's Intellectual Property Rights Standard for the South?
Author: Edwin Lun-Cheung LaiPublisher:
ISBN:
Category : Intellectual property
Languages : en
Pages : 56
Book Description
Central Bank Balances and Reserve Requirements
Author: Mr.Simon GrayPublisher: International Monetary Fund
ISBN: 1455217905
Category : Business & Economics
Languages : en
Pages : 57
Book Description
Most central banks oblige depository institutions to hold minimum reserves against their liabilities, predominantly in the form of balances at the central bank. The role of these reserve requirements has evolved significantly over time. The overlay of changing purposes and practices has the result that it is not always fully clear what the current purpose of reserve requirements is, and this necessarily complicates thinking about how a reserve regime should be structured. This paper describes three main purposes for reserve requirements - prudential, monetary control and liquidity management - and suggests best practice for the structure of a reserves regime. Finally, the paper illustrates current practices using a 2010 IMF survey of 121 central banks.
The Journal of the Korean Economy
Author: Accession Rules and Trade Agreements
Author: Eric W. BondThe Effectiveness of Central-bank Intervention
Author: Hali J. EdisonPublisher:
ISBN: 9780881653076
Category : Business & Economics
Languages : en
Pages : 76
Book Description
Asset Prices and Central Bank Policy
Author: Stephen Giovanni CecchettiPublisher: Centre for Economic Policy Research
ISBN: 9781898128533
Category : Business & Economics
Languages : en
Pages : 164
Book Description
Concludes the role of asset prices in monetary policy is one of the most important, and difficult, questions confronting central banks.