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Delivered at the Swedbank Economic Outlook Seminar, Stockholm, Sweden. May 27, 2010
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Related link(s): http://www.richmondfed.org/publications/research/region_focus/2009/fall/federal_reserve_weblinks.cfm
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interaction between the fiscal policy of member countries (regions) and the central monetary authority. When capital markets are …
Persistent link: https://www.econbiz.de/10005009937
This article provides an analytical framework for discussing the monetary responsibilities of a central bank. The … framework shows how the central bank gives the price level a well-defined equilibrium value and how the central bank causes this …
Persistent link: https://www.econbiz.de/10005063863
The paper analyzes the need for financial regulations in the implementation of central bank policy. It emphasizes that … a central bank serves two functions. Central banks function as monetary authorities, managing high-powered money to …. Just as private lenders must restrict and monitor individual borrowers, a central bank must regulate and supervise the …
Persistent link: https://www.econbiz.de/10005063907
An abstract for this article is not available
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This article provides a comparative analysis of central bank operating procedures in Australia and the United States …. It also examines the effect that the structure of overnight money markets, reserve requirements, and central bank lending …
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The Reserve Bank of New Zealand operates in a highly deregulated financial environment which lacks any interest rate regulation or reserve requirements. Yet the Reserve Bank has been able to implement effective monetary policy through a quantity-based procedure. This article analyzes the...
Persistent link: https://www.econbiz.de/10005063964
Monetary Union. It concludes that a decentralized arrangement of national central banks may undermine the EMU’s durability. …
Persistent link: https://www.econbiz.de/10005064026
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