Cincibuch, Martin (contributor); Holub, Tomáš (contributor) - 2008
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Keywords: Balance sheet, central bank, economic convergence, monetary policy, real
appreciation, risk premium, seigniorage … without having to default on its policy objectives given
the current level of its own capital and the economic prospects. It … and Weill (2004).
The economic literature has long discussed the potential sources of central bank losses and …