Author : Board of Governors of the Federal Reserve System
Publisher :
Page : 0 pages
File Size : 33,70 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 : Vitor Gaspar
Publisher :
Page : 334 pages
File Size : 20,85 MB
Release : 2003-01-01
Category : Banks and banking
ISBN : 9789291813483
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 45 pages
File Size : 43,2 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 : Lucía Satragno
Publisher : BRILL
Page : 225 pages
File Size : 29,31 MB
Release : 2022-02-28
Category : Law
ISBN : 9004508732
The open access publication of this book has been published with the support of the Swiss National Science Foundation. In Monetary Stability as a Common Concern in International Law, Lucía Satragno argues that monetary stability is a global public good that must be promoted and protected at all levels of governance. In doing so, the book accomplishes two tasks. On one hand, it provides an up to date analysis of the role of law and institutions in the international monetary field since the collapse of the Bretton Woods system. On the other hand, it applies the methodological approach proposed by the novel doctrine of Common Concern of Humankind to monetary stability as a case study. Accordingly, the book examines not only the status quo of the international monetary system, but also looks at the ‘new and different realism’ that would be envisaged in monetary affairs in the case of a fully-fledged principle of Common Concern.
Author : Mr.Garry J. Schinasi
Publisher : International Monetary Fund
Page : 19 pages
File Size : 35,19 MB
Release : 2003-06-01
Category : Business & Economics
ISBN : 1451854404
What is the role of central banks in ensuring financial stability? This paper addresses this controversial subject, in part by drawing on the experiences in Europe, Japan, and the United States, and by examining four questions. What is meant by financial stability? Do central banks have a natural role in ensuring financial stability? What does a central bank need to execute this role effectively? How far have central banks actually gone in safeguarding financial stability? The experience drawn on in the paper suggest that central banks: have a natural role to play; at times may require supervisory information to execute this natural role; and have incurred risks to their balance sheets to ensure financial stability.
Author : Paul Tucker
Publisher : Princeton University Press
Page : 662 pages
File Size : 27,33 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 : Ms.Andrea Schaechter
Publisher : International Monetary Fund
Page : 314 pages
File Size : 37,56 MB
Release : 2004-03-02
Category : Business & Economics
ISBN : 9781589062177
Increasing global financial market integration is presenting new challenges to central banks as they seek to attain low inflation and financial stability. This volume is based on a conference hosted by the IMF in September 2002. It examines key issues such as the choice of nominal anchor for countries susceptible to shifts in capital flows, what can be done to prevent and deal decisively with financial crises, and how central bankers should think about the difficult choices when monetary objectives and financial stability objectives come into conflict.
Author : Mr.Peter Stella
Publisher : International Monetary Fund
Page : 40 pages
File Size : 35,44 MB
Release : 1997-07-01
Category : Business & Economics
ISBN : 1451850506
Central banks may operate perfectly well without capital as conventionally defined. A large negative net worth, however, is likely to compromise central bank independence and interfere with its ability to attain policy objectives. If society values an independent central bank capable of effectively implementing monetary policy, recapitalization may become essential. Proper accounting practice in determining central bank profit or loss and rules governing the transfer of the central bank’s operating result to the treasury are also important. A variety of country-specific central bank practices are reviewed to support the argument.
Author : Charles Goodhart
Publisher : Anthem Press
Page : 292 pages
File Size : 21,21 MB
Release : 2014-12-01
Category : Business & Economics
ISBN : 1783083042
This book reflects on the innovations that central banks have introduced since the 2008 collapse of Lehman Brothers to improve their modes of intervention, regulation and resolution of financial markets and financial institutions. Authors from both academia and policy circles explore these innovations through four approaches: ‘Bank Capital Regulation’ examines the Basel III agreement; ‘Bank Resolution’ focuses on effective regimes for regulating and resolving ailing banks; ‘Central Banking with Collateral-Based Finance’ develops thought on the challenges that market-based finance pose for the conduct of central banking; and ‘Where Next for Central Banking’ examines the trajectory of central banking and its new, central role in sustaining capitalism.
Author : Alan S. Blinder
Publisher : Centre for Economic Policy Research
Page : 150 pages
File Size : 18,76 MB
Release : 2001
Category : Business & Economics
ISBN : 9781898128601
Not long ago, secrecy was the byword in central banking circles, but now the unmistakable trend is towards greater openness and transparency. This, the third Geneva Report on the World Economy, describes and evaluates some of the changes in how central banks talk to the markets, to the press, and to the public. The report first assesses the case for transparency ? defined as providing sufficient information for the public to understand the policy regime ? and concludes that it is very strong, based on both policy effectiveness and democratic accountability. It then examines what should be the content of communication and argues that central banks ought to spell out their long-run objectives and methods. It then investigates the link between the decision-making process and central bank communication, drawing a distinction between individualistic and collegial committees. The report concludes with a review of the communications strategies of some of the main central banks.
