domestic monetary policy interest rates can have sizable effects on central bank's net worth. In this paper we examine … measure of central bank financial strength. Our findings, using linear and nonlinear techniques, suggests that central bank …

central bank, the Safeguards Assessments Division of the IMF's Finance Department developed a tool that facilitates … provided to the central bank which provide a roadmap to advance the risk management function …

governance. This form of oversight is the decision-making responsibility through which an internal body of the central bank …-the Oversight Board-ensures that the central bank is well-managed. First, the paper will contextualize the role of Board oversight … into the broader legal structure for central bank governance by considering this form of oversight as one of the core …

We study the optimal design of a central bank digital currency (CBDC) in an environment where agents sort into cash …, CBDC and bank deposits according to their preferences over anonymity and security; and where network effects make the … deposits, and can be interest-bearing: a CBDC that closely competes with deposits depresses bank credit and output, while a …

This paper analyzes empirically differences in the size of central bank boards across countries. Defining a board as … 84 central bank boards at the end of 2003. We find that larger and more heterogeneous countries, countries with stronger …

This paper provides a simple, quantitative, net worth-based, approach to assessing the need for central bank capital …. It derives a concept of core capital (a function of the central bank`s operating expenditures and the carrying cost of … its international reserves) as the minimum capital needed by a central bank to ensure the credibility of its inflation …

sectoral labor mobility and the optimal weight the central bank should attach to durables inflation arises. The combination of …