advanced and emerging market economies. The Reserve Bank of India’s implementation of a flexible inflation targeting framework …

We study whether clarity of central bank inflation reports affects return volatility in financial markets. We measure … clarity of reports by the Czech National Bank, the European Central Bank, the Bank of England, and Sveriges Riksbank using the …

be associated with greater resort to informal financial services compared with formal, bank-based access. This highlights …

Which Federal Reserve Bank presidents vote on the U.S. monetary policy committee depends on a mechanical, yearly …

We analyze how bank profitability impacts financial stability from both theoretical and empirical perspectives. We … first develop a theoretical model of the relationship between bank profitability and financial stability by exploring the … empirical determinants of bank risks and profitability, and how the level and the source of bank profitability affect risks for …

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 …