Similar Search Results

Orphanides, Athanasios - 2013

Following the experience of the global financial crisis, central banks have been asked to undertake unprecedented responsibilities. Governments and the public appear to have high expectations that monetary policy can provide solutions to problems that do not necessarily fit in the realm of...

Persistent link: https://www.econbiz.de/10010400888

Financial fragility in developing countries : an analysis in the context of monetary policy and central bank independence

Tosun, Bengü; Başar, Selim - In: Journal of central banking theory and practice 13 (2024) 1, pp. 89-116

This study aims to examine the effects of monetary policies implemented by developed countries and central bank independence of developing countries on the financial fragility of developing countries. According to the findings, it was seen that the contractionary monetary policies implemented by...

Persistent link: https://www.econbiz.de/10014496289

Central bank independence and systemic risk

Andrieş, Alin Marius; Podpiera, Anca Maria; Sprincean, Nicu - 2020

We investigate the relationship of central bank independence and banks' systemic risk measures. Our results support the case for central bank independence, revealing that central bank independence has a robust, negative, and significant impact on the contribution and exposure of a bank to...

Persistent link: https://www.econbiz.de/10012232865

Financial system stability, the timing of climate change action and the Federal Reserve

Schellhorn, Carolin D. - In: Journal of central banking theory and practice 9 (2020) 3, pp. 45-59

Timely and effective climate action is a precondition for the stability of the global financial system and for long-term, inclusive prosperity. Because the Federal Reserve and other central banks share responsibility with legislative and regulatory authorities and other experts for maintaining...

Persistent link: https://www.econbiz.de/10012306781

Central Bank Independence and Systemic Risk

Andries, Alin Marius; Podpiera, Anca Maria; Sprincean, Nicu - 2021

We investigate the relationship of central bank independence and banks’ systemic risk measures. Our results support the case for central bank independence, revealing that central bank independence has a robust, negative, and significant impact on the contribution and exposure of a bank to...

Persistent link: https://www.econbiz.de/10013244284

Central banking in the aftermath of the global economic crisis

Bezhoska, Anita Angelovska - Narodna Banka na Republika Makedonija - 2019

The worldwide financial crisis revealed that some of the basic consensuses concerning the macroeconomic policy framework and the roles of the central banks were no longer tenable. This prompted rethinking of central bank objectives, strategies and policy instruments, with particular focus on the...

Persistent link: https://www.econbiz.de/10012211862

Central Banks and Competition Authorities : Institutional Comparisions and New Concerns

Vickers, John - 2013

The establishment of independent authorities for monetary policy and for competition policy was part of the institutional consensus of the Great Moderation. The paper contrasts how policy has operated in the two spheres, especially as regards the role of law. It then discusses the application of...

Persistent link: https://www.econbiz.de/10013094087

Central Banks : Between Internationalisation and Domestic Political Control

James, Harold - 2013

The paper examines the exercise, the efficiency, and the legitimacy of the monetary policy-making process. The goal of central bank autonomy in recent times is the outcome of a demand for price stability. The realisation of autonomy is also a consequence of the fragmentation of national decision...

Persistent link: https://www.econbiz.de/10013094092

Monetary policy reform in a World of Central Banks

Schnabl, Gunther - 2011

monetary policy reform in a world dominated by financial markets has led to the erosion of the allocation and signaling … world economy. The backlash of high government debt levels on monetary policy making is argued to have led to a hysteresis … displacement of the prevalent world monetary system. Enhanced competition between dollar and euro as international currencies …

Persistent link: https://www.econbiz.de/10009508892

Monetary policies of large industrialised countries, emerging market credit cycles and feedback effects

Andreas, Hoffmann; Schnabl, Gunther - 2014

. Based on an overinvestment framework, we show that in the prevailing asymmetric world monetary system, monetary policies of …

Persistent link: https://www.econbiz.de/10010337620

1
2
3
4
5
6
7
8
9
10
Next
Last