Author: Publisher:
ISBN:
Category : Banks and banking, Central
Languages : en
Pages : 344
Book Description
Activities by Various Central Banks to Promote Economic and Social Welfare Programs
Author: Publisher:
ISBN:
Category : Banks and banking, Central
Languages : en
Pages : 344
Book Description
Activities by Various Central Banks to Promote Economic and Social Welfare Programs
Author: Publisher:
ISBN:
Category : Banks and banking, Central
Languages : en
Pages : 332
Book Description
The Federal Reserve System Purposes and Functions
Author: Board of Governors of the Federal Reserve SystemPublisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0
Book Description
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Finance & Development, March 2012
Author: International Monetary Fund. External Relations Dept.Publisher: International Monetary Fund
ISBN: 1451922140
Category : Business & Economics
Languages : en
Pages : 60
Book Description
Young people, hardest hit by the global economic downturn, are speaking out and demanding change. F&D looks at the need to urgently address the challenges facing youth and create opportunities for them. Harvard professor David Bloom lays out the scope of the problem and emphasizes the importance of listening to young people in "Youth in the Balance." "Making the Grade" looks at how to teach today's young people what they need to get jobs. IMF Deputy Managing Director, Nemat Shafik shares her take on the social and economic consequences of youth unemployment in our "Straight Talk" column. "Scarred Generation" looks at the effects the global economic crisis had on young workers in advanced economies, and we hear directly from young people across the globe in "Voices of Youth." Renminbi's rise, financial system regulation, and boosting GDP by empowering women. Also in the magazine, we examine the rise of the Chinese currency, look at the role of the credit rating agencies, discuss how to boost the empowerment of women, and present our primer on macroprudential regulation, seen as increasingly important to financial stability. People in economics - C. Fred Bergsten, American Globalist. Back to basics - The multi-dimensional role of banks in our financial systems.
Central Bank Credit to the Government
Author: Mr.Luis Ignacio JácomePublisher: International Monetary Fund
ISBN: 1463957394
Category : Business & Economics
Languages : en
Pages : 44
Book Description
Using a central bank legislation database, this paper documents and analyzes worldwide institutional arrangements for central bank lending to the government and identifies international practices. Key findings are: (i) in most advanced countries, central banks do not finance government expenditure; (ii) in a large number of emerging and developing countries, short-term financing is allowed in order to smooth out tax revenue fluctuations; (iii) in most countries, the terms and conditions of these loans are typically established by law, such that the amount is capped at a small proportion of annual government revenues, loans are priced at market interest rates, and their maturity falls within the same fiscal year; and (iv) in the vast majority of countries, financing other areas of the state, such as provincial governments and public enterprises, is not allowed. The paper does not address central banks' financial support during financial crises.
Foreign Experience with Monetary Policies to Promote Economic and Social Priority Programs
Author: Designing a Simple Loss Function for Central Banks
Author: Davide DebortoliPublisher: International Monetary Fund
ISBN: 1484311752
Category : Business & Economics
Languages : en
Pages : 56
Book Description
Yes, it makes a lot of sense. This paper studies how to design simple loss functions for central banks, as parsimonious approximations to social welfare. We show, both analytically and quantitatively, that simple loss functions should feature a high weight on measures of economic activity, sometimes even larger than the weight on inflation. Two main factors drive our result. First, stabilizing economic activity also stabilizes other welfare relevant variables. Second, the estimated model features mitigated inflation distortions due to a low elasticity of substitution between monopolistic goods and a low interest rate sensitivity of demand. The result holds up in the presence of measurement errors, with large shocks that generate a trade-off between stabilizing inflation and resource utilization, and also when ensuring a low probability of hitting the zero lower bound on interest rates.
Hearings, Reports and Prints of the House Committee on Banking, Currency, and Housing
Author: United States. Congress. House. Committee on Banking, Currency, and HousingPublisher:
ISBN:
Category : Banking law
Languages : en
Pages : 1720
Book Description
An Act to Lower Interest Rates and Allocate Credit
Author: United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on Domestic Monetary PolicyPublisher:
ISBN:
Category : Credit
Languages : en
Pages : 384
Book Description
An Act of Lower Interest Rates and Allocate Credit
Author: United States. Congress. House. Banking and Currency CommitteePublisher:
ISBN:
Category :
Languages : en
Pages : 394
Book Description