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 …

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 …

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

This paper develops a new central bank transparency index for inflation-targeting central banks (CBT-IT index). It … applies the CBT-IT index to the Czech National Bank (CNB), one of the most transparent inflation-targeting central banks. The …

bank financial statements, as well as legal and institutional measures that support audit quality and independence. The … audited financial statements and central bank legislation. While the audit frameworks for central banks differ depending on …

The level and trend in cash use in a country will influence the demand for central bank digital currency (CBDC). While … access to digital currency will be more convenient than traveling to an ATM, it only makes CBDC like a bank debit card …