1.

Record Nr.

UNINA9910788349803321

Autore

Oulidi Nada

Titolo

Why Do Central Banks Go Weak? / / Nada Oulidi, Alain Ize

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2009

ISBN

1-4623-4771-1

1-4518-7160-0

1-4519-8626-2

1-282-84235-8

9786612842351

Descrizione fisica

17 p

Collana

IMF Working Papers

Altri autori (Persone)

IzeAlain

Soggetti

Banks and banking, Central - Econometric models

Monetary policy - Econometric models

Accounting

Banks and Banking

Macroeconomics

Central Banks and Their Policies

Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Personal Income, Wealth, and Their Distributions

Public Administration

Public Sector Accounting and Audits

Banking

Financial reporting, financial statements

Personal income

Financial statements

Bank deposits

Central bank balance sheet

Banks and banking

Income

Finance, Public



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references.

Sommario/riassunto

Determinants of central banks' profitability are studied using a statistical analysis of their balance sheets, country characteristics, and the macroeconomic and institutional environments in which they operate. Central banks at both tails of the distribution of profits generally operate in poorer countries with more troubled macroeconomic and institutional environments. For these central banks, profitability is strongly influenced by fiscal dominance and, to a lesser extent, by how actively central banks used their balance sheet for monetary policy purposes.