LEADER 03997nam 22007215 450 001 9910258355003321 005 20210210003634.0 010 $a1-137-52402-2 010 $a1-137-52401-4 024 7 $a10.1057/9781137524010 035 $a(CKB)3710000000607564 035 $a(DE-He213)978-1-137-52401-0 035 $a(MiAaPQ)EBC5182429 035 $a(MiAaPQ)EBC4965029 035 $a(Au-PeEL)EBL4965029 035 $a(CaONFJC)MIL879059 035 $a(OCoLC)1023528920 035 $a(PPN)222231483 035 $a(EXLCZ)993710000000607564 100 $a20171209d2016 u| 0 101 0 $aeng 135 $aurnn#008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aCentral Bank Ratings $eA New Methodology for Global Excellence /$fby Indranarain Ramlall 205 $a1st ed. 2016. 210 1$aLondon :$cPalgrave Macmillan UK :$cImprint: Palgrave Pivot,$d2016. 215 $a1 online resource (192 p.) 225 1 $aPalgrave pivot 311 $a1-349-70666-3 311 $a1-137-52400-6 320 $aIncludes bibliographical references. 327 $aCover -- Half-Title -- Title -- Copyright -- Dedication -- Contents -- List of Illustrations -- Preface -- 1 Introduction -- 2 An Overview of Central Banking -- 3 Some Stylized Facts about Central Banks -- 4 Ratings Methodology for Central Banks Worldwide -- 5 Results and Discussions -- 6 Backtesting -- 7 Conclusion -- Appendix: Global Central Bank Ratings Sheets -- References. 330 $aWhen the global financial crisis broke, central banks in both the US and the UK undertook massive asset purchase programmes which resulted in considerable increase in assets. Cross-border spillover effects were noted across global economies. Balance sheet adjustments may eventually gnaw at the profit-earning capacities of central banks, and in extreme cases, negative equity can manifest. This study investigates a benchmark for comparing central banks. The author employs a unique and large set of metrics to gauge the quality of central banks and presents an argument to reflect upon international best practices. The study uses different criteria including the accounting body, research, presence of stress-testing exercises, inflation-targeting frameworks, staff efficiency, and languages of communication with the public, amongst others. The book begins by providing an overview of central banking, before exploring some stylized facts about central banks in unique detail. It then presents a ratings methodology for worldwide central banks to analyse the results. A backtesting exercise is included to validate the quality of the ratings obtained. The book concludes by offering insights into the comparison of central banks. 410 0$aPalgrave pivot. 606 $aBanks and banking 606 $aAccounting 606 $aBookkeeping  606 $aFinance, Public 606 $aInternational economics 606 $aBanking$3https://scigraph.springernature.com/ontologies/product-market-codes/626010 606 $aAccounting/Auditing$3https://scigraph.springernature.com/ontologies/product-market-codes/511000 606 $aPublic Finance$3https://scigraph.springernature.com/ontologies/product-market-codes/611000 606 $aInternational Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W33000 615 0$aBanks and banking. 615 0$aAccounting. 615 0$aBookkeeping . 615 0$aFinance, Public. 615 0$aInternational economics. 615 14$aBanking. 615 24$aAccounting/Auditing. 615 24$aPublic Finance. 615 24$aInternational Economics. 676 $a332.1/1 700 $aRamlall$b Indranarain$4aut$4http://id.loc.gov/vocabulary/relators/aut$0885669 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910258355003321 996 $aCentral Bank Ratings$92261662 997 $aUNINA