Oulidi, Nada; Ize, Alain - International Monetary Fund (IMF) - 2009
Determinants of central banks' profitability are studied using a statistical analysis of their balance sheets, country … distribution of profits generally operate in poorer countries with more troubled macroeconomic and institutional environments. For … these central banks, profitability is strongly influenced by fiscal dominance and, to a lesser extent, by how actively …