Author : Board of Governors of the Federal Reserve System
Publisher :
Page : 0 pages
File Size : 23,24 MB
Release : 2002
Category : Banks and Banking
ISBN : 9780894991967
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.
Author : Perry Warjiyo
Publisher : Emerald Group Publishing
Page : 586 pages
File Size : 35,68 MB
Release : 2019-07-25
Category : Business & Economics
ISBN : 1789737516
Central Bank Policy: Theory and Practice analyses various policies, theories and practices adopted by central banks, as well as the institutional arrangements underlying the principles of good governance in policy-making. It is the first book to comprehensively discuss the latest theories and practices of central bank policy.
Author : Paul Tucker
Publisher : Princeton University Press
Page : 662 pages
File Size : 19,59 MB
Release : 2019-09-10
Category : Business & Economics
ISBN : 0691196303
Tucker presents guiding principles for ensuring that central bankers and other unelected policymakers remain stewards of the common good.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 28 pages
File Size : 38,15 MB
Release : 1988-10-04
Category : Business & Economics
ISBN : 1451952570
The paper considers the merits of rules and discretion for monetary policy when the structure of the macroeconomic model and the probability distributions of disturbances are not well defined. It is argued that when it is costly to delay policy reactions to seldom-experienced shocks until formal algorithmic learning has been accomplished, and when time consistency problems are significant, a mixed strategy that combines a simple verifiable rule with discretion is attractive. The paper also discusses mechanisms for mitigating credibility problems and emphasizes that arguments against various types of simple rules lose their force under a mixed strategy.
Author : Wouter Bossu
Publisher : INTERNATIONAL MONETARY FUND
Page : 51 pages
File Size : 50,19 MB
Release : 2020-11-20
Category : Business & Economics
ISBN : 9781513561622
This paper analyzes the legal foundations of central bank digital currency (CBDC) under central bank and monetary law. Absent strong legal foundations, the issuance of CBDC poses legal, financial and reputational risks for central banks. While the appropriate design of the legal framework will up to a degree depend on the design features of the CBDC, some general conclusions can be made. First, most central bank laws do not currently authorize the issuance of CBDC to the general public. Second, from a monetary law perspective, it is not evident that “currency” status can be attributed to CBDC. While the central bank law issue can be solved through rather straithforward law reform, the monetary law issue poses fundmental legal policy challenges.
Author : Massimo Rostagno
Publisher : Oxford University Press
Page : 449 pages
File Size : 14,56 MB
Release : 2021
Category : Business & Economics
ISBN : 0192895915
The first twenty years of the European Central Bank offer a unique insight into how a central bank can navigate macroeconomic insecurity and crisis. This volume examines the structures and decision-making processes behind the complex measures taken by the ECB to tackle some of the toughest economic challenges in the history of modern Europe.
Author : Christopher Adolph
Publisher : Cambridge University Press
Page : 389 pages
File Size : 17,4 MB
Release : 2013-04-15
Category : Business & Economics
ISBN : 110703261X
Adolph illustrates the policy differences between central banks run by former bankers relative to those run by bureaucrats.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 45 pages
File Size : 49,1 MB
Release : 2014-06-11
Category : Business & Economics
ISBN : 1498342620
This note provides guidance to facilitate the staff’s advice on macroprudential policy in Fund surveillance. It elaborates on the principles set out in the “Key Aspects of Macroprudential Policy,” taking into account the work of international standard setters as well as the evolving country experience with macroprudential policy. The main note is accompanied by supplements offering Detailed Guidance on Instruments and Considerations for Low Income Countries
Author : Harold James
Publisher : Cambridge University Press
Page : 569 pages
File Size : 29,97 MB
Release : 2020-09-17
Category : Business & Economics
ISBN : 1108835015
This authoritative guide to the transformation of the Bank of England into a modern inflation-targeting independent central bank examines a revolution in monetary and economic policy and the modernization of British institutions in the late twentieth century.
Author : Liber Amicorum
Publisher :
Page : 414 pages
File Size : 10,32 MB
Release : 2005
Category : Banking law
ISBN : 9789291817016
"The book contains a collection of articles on the European Union and the European System of Central Banks (ESCB), the Eurosystem, monetary law, central bank independence and central bank statutes as well as on financial law. The authors are current or former members of the Legal Committee of the ESCB (LEGCO). This book commemorates ten years of work by the Working Group of Legal Experts of the European Monetary Institute and by the LEGCO. It is dedicated to Mr Paolo Zamboni Garavelli, former Head of the Legal Department at the Banca d'Italia and member of LEGCO, who died in 2004."--Editor.
