argued that the central bank can influence the long-term interest rate on government bonds and the shape of the yield curve … about the future reinforce the effects of the short-term interest rate and the central bank's monetary policy actions on the …

shock on the exchange-rate, the interest rate and the central bank balance sheet, we find that not a single country played … shock fully in countries off the gold standard (floating exchange rate): the central bank's ba - lance sheet and interest … rate were not affected. In contrast, in the United States, a gold standard country without a central bank, the reaction of …

regulation proposals in the Basel III framework with respect to this literature. A number of shortcomings in the current …

gesamtwirtschaftliche Entwicklung spielen. Dies gilt offenbar vor allem dann, wenn die Bankenregulierung schwach ist und Banken nicht …