Bank of Central African's States (BEAC). First, with a GMM adapted for a forward looking rule, we propose a reaction … function for this central bank. The result shows that from 1986 to 2006, the formulation of the monetary policy strongly …

, commercial lending, legal rights strength, central bank monetary policy and total annual commercial bank losses, using quantile … used in the study under question. We find that interest rates were probably increasing bank deposits while income was also … found to affect bank deposits in general. …

controls for bank and time random effects. The longer a bank was entered into the deposit insurance system, the greater was its …

. In this lecture I argue that the preservation of the central bank’s legitimacy requires that a clear line be drawn … between the central bank’s provision of liquidity and the Treasury’s solvency support for systemically important financial … institutions. All activities of the central bank that expose it to material credit risk should be guaranteed by the Treasury. In …

nontrivial fiat-currencies demands. Sudden stops/bank-panics are possible, and key for evaluating the merits of alternative ex …

encourage banking institutions to supply credit to the economy. Increased bank supply of credit is a good thing but too much of … thing and how bank managers react to this. After examining 82 bank samples, I find that (i) bank underestimate the level of …) non-performing loans, bank portfolio risk and loan portfolio size are significant determinants of the level of loan loss …