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Recent debate on the effectiveness of tax rebates has concentrated on the degree to which they can affect economic activity, which depends on the methodology, the state of the economy, and the underlying assumptions. A better approach to assess the effectiveness of these monetary transfers is by...
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The issue of central bank profit distribution is both complex and often politically controversial. Based on the replies … of 57 central banks worldwide to an ECB questionnaire, this paper analyses how profit distribution rules can affect the … amounts distributed and the financial strength of central banks. The paper also investigates the link between profit …
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(i.e., real riskless rate, expected inflation, and expected equity risk premium) further supporting the theory of …
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