Schwarz, Claudia; Karakitsos, Polychronis; Merriman, Niall - European Central Bank - 2014
, namely monetary policy, financial stability and banking supervision. The identified effects of accounting rules and … hinges on the financial independence of a central bank, which can be evidenced, inter alia, by its financial strength. Using … a new simulation of the financial results of the European Central Bank (ECB), this paper shows that the reported annual …