world, including the Bank of Canada. Finally, it presents a model for integrating reputational risk into policy analysis and … bank decision making. …

discusses the implications of "Abenomics," particularly qualitative and quantitative easing (QQE) by the Bank of Japan (BOJ …

, economic activity and bank lending at the hand of a VAR analysis, covering episodes of balance sheet policies of 9 countries … paper reduces deficiencies about long-run implications following central bank balance sheet policies in Scandinavian …

Asian central banks into debtor positions versus the domestic banking systems. We show based on a central bank loss function … financial repression, or rising inflation or both. Assuming that a debtor central bank moved towards a freely floating exchange …

many cases, central bank balance sheets have undergone extremely strong growth. The actions by central banks raise a number …

In a New Keynesian model with asymmetric information and learning we show that publication of macroeconomic projections … and of the future interest rate path by the central bank can improve macroeconomic outcomes. However, the gains from …

We study the impact of the publication of central bank's macroeconomic projections on the dynamic properties of an … economy where: (i) private agents have incomplete information and form their expectations using recursive learning algorithms … their target level and (iii) the central bank, ignoring the exact mechanism used by private agents to form expectations …

these developments which are to a considerable extent beyond the sphere of influence of any one central bank or indeed …

Can the central bank of a small open economy be mandated with the maintenance of both fixed exchange rates and monetary … independence, and still succeed in the long term? Looking at a pioneering experiment put in place by the National Bank of Belgium … stabilisation of exchange rates, but through the stabilisation of central bank liquidity (i.e. the ‘margin of manoeuvre' available …