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Central bank financial strength and policy performance : an econometric evaluation / / Ulrich Klüh and Peter Stella
Central bank financial strength and policy performance : an econometric evaluation / / Ulrich Klüh and Peter Stella
Autore Klüh Ulrich H
Pubbl/distr/stampa [Washington, District of Columbia] : , : International Monetary Fund, , 2008
Descrizione fisica 1 online resource (69 p.)
Disciplina 332.1
332.11
Altri autori (Persone) StellaPeter
Collana IMF Working Papers
IMF working paper
Soggetto topico Banks and banking, Central - Econometric models
Monetary policy - Econometric models
Soggetto genere / forma Electronic books.
ISBN 1-4623-0332-3
1-4527-8439-6
9786612841279
1-282-84127-0
1-4518-7034-5
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Theoretical Considerations and Related Literature; A. Reasons for A Lack of Central Bank Financial Strength; B. Theories Linking Central Bank Financial Strength and Policy Performance; C. Related Empirical Evidence; III. Evaluating Cross-Country Indicators of Central Bank Financial Strength; A. Conceptualization of Central Bank Financial Strength and Data Sources; B. Recent Trends in Central Bank Profitability; 1. Return on Average Assets in a Large Sample of Central Banks, 1995-2005
2. Median Return on Average Assets in Bankscope Sample 3. Share of Central Banks with High Central Bank Financial Strength; 4. Share of Central Banks with Negative IFS Capital; 5. Central Bank Financial Strength in a Group of Western Hemisphere Countries; 6. Distribution of Reported Sum of Capital and OIN in Percent of Total Assets; 7. Distribution of Reported OIN in Percent of Total Assets; 8. Measures of Central Bank Revenues and Costs; IV. Econometric Analysis; A. Data and Approach; 9. Price Stability and Central Bank Financial Strength
B. Central Bank Financial Strength and Inflation in a Panel of Latin American and Caribbean Countries 1. Baseline Results with Alternative Control Variables and Excluding Outliers; 2. Fixed Effects Estimates with Alternative Control Variables; 3. Fiscal Variables and Alternative Dependent Variable; 4. Results for Central Bank Financial Strength; 5. Feasible Generalized Least Squares Estimation; C. Central Bank Financial Strength and Inflation in a Large Cross-Section of Countries; 6. Results for the Cross-Section; 10. Relationship Between Central Bank Financial Strength
7. Accounting for Extreme Cases of Balance Sheet Distortions 11. Relationship Between Central Bank Financial Strength and d; V. Policy Conclusions and Future Research; Appendix: Statistical Information and Figures; References; Footnotes
Record Nr. UNINA-9910463623803321
Klüh Ulrich H  
[Washington, District of Columbia] : , : International Monetary Fund, , 2008
Materiale a stampa
Lo trovi qui: Univ. Federico II
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Central Bank Financial Strength and Policy Performance : : An Econometric Evaluation / / Peter Stella, Ulrich Klueh
Central Bank Financial Strength and Policy Performance : : An Econometric Evaluation / / Peter Stella, Ulrich Klueh
Autore Stella Peter
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2008
Descrizione fisica 1 online resource (69 p.)
Disciplina 332.1
332.11
Altri autori (Persone) KluehUlrich
Collana IMF Working Papers
IMF working paper
Soggetto topico Banks and banking, Central - Econometric models
Monetary policy - Econometric models
Accounting
Banks and Banking
Inflation
Banks
Depository Institutions
Micro Finance Institutions
Mortgages
Central Banks and Their Policies
Price Level
Deflation
Public Administration
Public Sector Accounting and Audits
Banking
Macroeconomics
Financial reporting, financial statements
Central bank autonomy
Financial statements
Central bank balance sheet
Banks and banking
Prices
Finance, Public
ISBN 1-4623-0332-3
1-4527-8439-6
9786612841279
1-282-84127-0
1-4518-7034-5
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Theoretical Considerations and Related Literature; A. Reasons for A Lack of Central Bank Financial Strength; B. Theories Linking Central Bank Financial Strength and Policy Performance; C. Related Empirical Evidence; III. Evaluating Cross-Country Indicators of Central Bank Financial Strength; A. Conceptualization of Central Bank Financial Strength and Data Sources; B. Recent Trends in Central Bank Profitability; 1. Return on Average Assets in a Large Sample of Central Banks, 1995-2005
2. Median Return on Average Assets in Bankscope Sample 3. Share of Central Banks with High Central Bank Financial Strength; 4. Share of Central Banks with Negative IFS Capital; 5. Central Bank Financial Strength in a Group of Western Hemisphere Countries; 6. Distribution of Reported Sum of Capital and OIN in Percent of Total Assets; 7. Distribution of Reported OIN in Percent of Total Assets; 8. Measures of Central Bank Revenues and Costs; IV. Econometric Analysis; A. Data and Approach; 9. Price Stability and Central Bank Financial Strength
B. Central Bank Financial Strength and Inflation in a Panel of Latin American and Caribbean Countries 1. Baseline Results with Alternative Control Variables and Excluding Outliers; 2. Fixed Effects Estimates with Alternative Control Variables; 3. Fiscal Variables and Alternative Dependent Variable; 4. Results for Central Bank Financial Strength; 5. Feasible Generalized Least Squares Estimation; C. Central Bank Financial Strength and Inflation in a Large Cross-Section of Countries; 6. Results for the Cross-Section; 10. Relationship Between Central Bank Financial Strength
7. Accounting for Extreme Cases of Balance Sheet Distortions 11. Relationship Between Central Bank Financial Strength and d; V. Policy Conclusions and Future Research; Appendix: Statistical Information and Figures; References; Footnotes
Record Nr. UNINA-9910788233003321
Stella Peter  
Washington, D.C. : , : International Monetary Fund, , 2008
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Central Bank Financial Strength and Policy Performance : : An Econometric Evaluation / / Peter Stella, Ulrich Klueh
Central Bank Financial Strength and Policy Performance : : An Econometric Evaluation / / Peter Stella, Ulrich Klueh
Autore Stella Peter
Edizione [1st ed.]
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2008
Descrizione fisica 1 online resource (69 p.)
Disciplina 332.1
332.11
Altri autori (Persone) KluehUlrich
Collana IMF Working Papers
IMF working paper
Soggetto topico Banks and banking, Central - Econometric models
Monetary policy - Econometric models
Accounting
Banks and Banking
Inflation
Banks
Depository Institutions
Micro Finance Institutions
Mortgages
Central Banks and Their Policies
Price Level
Deflation
Public Administration
Public Sector Accounting and Audits
Banking
Macroeconomics
Financial reporting, financial statements
Central bank autonomy
Financial statements
Central bank balance sheet
Banks and banking
Prices
Finance, Public
ISBN 1-4623-0332-3
1-4527-8439-6
9786612841279
1-282-84127-0
1-4518-7034-5
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Theoretical Considerations and Related Literature; A. Reasons for A Lack of Central Bank Financial Strength; B. Theories Linking Central Bank Financial Strength and Policy Performance; C. Related Empirical Evidence; III. Evaluating Cross-Country Indicators of Central Bank Financial Strength; A. Conceptualization of Central Bank Financial Strength and Data Sources; B. Recent Trends in Central Bank Profitability; 1. Return on Average Assets in a Large Sample of Central Banks, 1995-2005
2. Median Return on Average Assets in Bankscope Sample 3. Share of Central Banks with High Central Bank Financial Strength; 4. Share of Central Banks with Negative IFS Capital; 5. Central Bank Financial Strength in a Group of Western Hemisphere Countries; 6. Distribution of Reported Sum of Capital and OIN in Percent of Total Assets; 7. Distribution of Reported OIN in Percent of Total Assets; 8. Measures of Central Bank Revenues and Costs; IV. Econometric Analysis; A. Data and Approach; 9. Price Stability and Central Bank Financial Strength
B. Central Bank Financial Strength and Inflation in a Panel of Latin American and Caribbean Countries 1. Baseline Results with Alternative Control Variables and Excluding Outliers; 2. Fixed Effects Estimates with Alternative Control Variables; 3. Fiscal Variables and Alternative Dependent Variable; 4. Results for Central Bank Financial Strength; 5. Feasible Generalized Least Squares Estimation; C. Central Bank Financial Strength and Inflation in a Large Cross-Section of Countries; 6. Results for the Cross-Section; 10. Relationship Between Central Bank Financial Strength
7. Accounting for Extreme Cases of Balance Sheet Distortions 11. Relationship Between Central Bank Financial Strength and d; V. Policy Conclusions and Future Research; Appendix: Statistical Information and Figures; References; Footnotes
Record Nr. UNINA-9910807485303321
Stella Peter  
Washington, D.C. : , : International Monetary Fund, , 2008
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
An estimated model with macrofinancial linkages for India / / Rahul Anand, Shanaka Peiris, and Magnus Saxegaard
An estimated model with macrofinancial linkages for India / / Rahul Anand, Shanaka Peiris, and Magnus Saxegaard
Autore Anand Rahul
Pubbl/distr/stampa [Washington, District of Columbia] : , : International Monetary Fund, , 2010
Descrizione fisica 1 online resource (45 pages) : illustrations (some color)
Disciplina 332.4954
Altri autori (Persone) PeirisShanaka
SaxegaardMagnus
Collana IMF working paper
Soggetto topico Monetary policy - India - Econometric models
Banks and banking, Central - India - Econometric models
Banks and banking, Central - Econometric models
Monetary policy - Econometric models
Soggetto genere / forma Electronic books.
ISBN 1-4623-5373-8
1-4519-6232-0
1-4527-0262-4
9786612845291
1-282-84529-2
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Record Nr. UNINA-9910463708903321
Anand Rahul  
[Washington, District of Columbia] : , : International Monetary Fund, , 2010
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
An Estimated Model with Macrofinancial Linkages for India / / Magnus Saxegaard, Rahul Anand, Shanaka Peiris
An Estimated Model with Macrofinancial Linkages for India / / Magnus Saxegaard, Rahul Anand, Shanaka Peiris
Autore Saxegaard Magnus
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2010
Descrizione fisica 1 online resource (45 pages) : illustrations (some color)
Disciplina 332.4954
Altri autori (Persone) AnandRahul
PeirisShanaka
Collana IMF Working Papers
IMF working paper
Soggetto topico Monetary policy - India - Econometric models
Banks and banking, Central - India - Econometric models
Banks and banking, Central - Econometric models
Monetary policy - Econometric models
Foreign Exchange
Inflation
Investments: General
Labor
Macroeconomics
Monetary Policy
Central Banks and Their Policies
Policy Objectives
Policy Designs and Consistency
Policy Coordination
Labor Demand
Price Level
Deflation
Macroeconomics: Consumption
Saving
Wealth
Investment
Capital
Intangible Capital
Capacity
Labour
income economics
Currency
Foreign exchange
Self-employment
Exchange rates
Consumption
Depreciation
Prices
National accounts
Self-employed
Economics
Saving and investment
ISBN 1-4623-5373-8
1-4519-6232-0
1-4527-0262-4
9786612845291
1-282-84529-2
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Record Nr. UNINA-9910788220803321
Saxegaard Magnus  
Washington, D.C. : , : International Monetary Fund, , 2010
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
An Estimated Model with Macrofinancial Linkages for India / / Magnus Saxegaard, Rahul Anand, Shanaka Peiris
An Estimated Model with Macrofinancial Linkages for India / / Magnus Saxegaard, Rahul Anand, Shanaka Peiris
Autore Saxegaard Magnus
Edizione [1st ed.]
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2010
Descrizione fisica 1 online resource (45 pages) : illustrations (some color)
Disciplina 332.4954
Altri autori (Persone) AnandRahul
PeirisShanaka
Collana IMF Working Papers
IMF working paper
Soggetto topico Monetary policy - India - Econometric models
Banks and banking, Central - India - Econometric models
Banks and banking, Central - Econometric models
Monetary policy - Econometric models
Foreign Exchange
Inflation
Investments: General
Labor
Macroeconomics
Monetary Policy
Central Banks and Their Policies
Policy Objectives
Policy Designs and Consistency
Policy Coordination
Labor Demand
Price Level
Deflation
Macroeconomics: Consumption
Saving
Wealth
Investment
Capital
Intangible Capital
Capacity
Labour
income economics
Currency
Foreign exchange
Self-employment
Exchange rates
Consumption
Depreciation
Prices
National accounts
Self-employed
Economics
Saving and investment
ISBN 1-4623-5373-8
1-4519-6232-0
1-4527-0262-4
9786612845291
1-282-84529-2
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Record Nr. UNINA-9910829092903321
Saxegaard Magnus  
Washington, D.C. : , : International Monetary Fund, , 2010
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Inflation Targeting and Communication : : It Pays Off to Read Inflation Reports / / Katerina Smídková, Viktor Kotlán, David Navrátil, Ales Bulir
Inflation Targeting and Communication : : It Pays Off to Read Inflation Reports / / Katerina Smídková, Viktor Kotlán, David Navrátil, Ales Bulir
Autore Smídková Katerina
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2008
Descrizione fisica 1 online resource (44 p.)
Disciplina 332.11
Altri autori (Persone) KotlánViktor
NavrátilDavid
BulirAles
Collana IMF Working Papers
IMF working paper
Soggetto topico Inflation (Finance) - Forecasting - Econometric models
Monetary policy - Econometric models
Banks and banking, Central - Econometric models
Banks and Banking
Inflation
Money and Monetary Policy
Public Finance
Forecasting
Price Level
Deflation
Monetary Policy
Forecasting and Other Model Applications
Interest Rates: Determination, Term Structure, and Effects
Taxation, Subsidies, and Revenue: General
Macroeconomics
Monetary economics
Economic Forecasting
Banking
Public finance & taxation
Inflation targeting
Economic forecasting
Central bank policy rate
Communications in revenue administration
Prices
Monetary policy
Interest rates
Revenue
ISBN 1-4623-1744-8
1-4527-3696-0
1-282-84185-8
9786612841859
1-4518-7092-2
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Contents; I. Why Inflation Targeting?; Figures; 1. Inflation and Its Determinants, 2000-05; II. Inflation Targeting and Communication; A. Central Bank Communication and Inflation Forecasts; B. The Public; 2. Inflation Forecasts, Policymaking, and Communication Under Conditional; III. Methodology and Sample Selection; 3. The Public's Scrutiny of Central Bank Communication; A. Methodology; B. Sample Selection and Data; IV. Empirical Findings; Tables; 1. Inflation Targeters: Sample Characteristics; A. Summary of Results; 2. Breakdown of Communication Results, Sample Average, 2000-05
3. Clarity of Communication, Sample Averages, 2000-05B. "The Central Bank that Cried Wolf"; 4. Clarity of Communication, Individual Countries, 2000-05; 4. Monetary Policy Communication: 2000-05; C. Robustness Checks; 5. Clarity of Communication: Robustness Checks; V. Conclusions: Is the Glass Half Empty or Half Full?; 5. Clarity of Communication, the 2-Year Forecast Horizon, 2000-05; References; Annex
Record Nr. UNINA-9910789100103321
Smídková Katerina  
Washington, D.C. : , : International Monetary Fund, , 2008
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Inflation Targeting and Communication : : It Pays Off to Read Inflation Reports / / Katerina Smídková, Viktor Kotlán, David Navrátil, Ales Bulir
Inflation Targeting and Communication : : It Pays Off to Read Inflation Reports / / Katerina Smídková, Viktor Kotlán, David Navrátil, Ales Bulir
Autore Smídková Katerina
Edizione [1st ed.]
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2008
Descrizione fisica 1 online resource (44 p.)
Disciplina 332.11
Altri autori (Persone) KotlánViktor
NavrátilDavid
BulirAles
Collana IMF Working Papers
IMF working paper
Soggetto topico Inflation (Finance) - Forecasting - Econometric models
Monetary policy - Econometric models
Banks and banking, Central - Econometric models
Banks and Banking
Inflation
Money and Monetary Policy
Public Finance
Forecasting
Price Level
Deflation
Monetary Policy
Forecasting and Other Model Applications
Interest Rates: Determination, Term Structure, and Effects
Taxation, Subsidies, and Revenue: General
Macroeconomics
Monetary economics
Economic Forecasting
Banking
Public finance & taxation
Inflation targeting
Economic forecasting
Central bank policy rate
Communications in revenue administration
Prices
Monetary policy
Interest rates
Revenue
ISBN 1-4623-1744-8
1-4527-3696-0
1-282-84185-8
9786612841859
1-4518-7092-2
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Contents; I. Why Inflation Targeting?; Figures; 1. Inflation and Its Determinants, 2000-05; II. Inflation Targeting and Communication; A. Central Bank Communication and Inflation Forecasts; B. The Public; 2. Inflation Forecasts, Policymaking, and Communication Under Conditional; III. Methodology and Sample Selection; 3. The Public's Scrutiny of Central Bank Communication; A. Methodology; B. Sample Selection and Data; IV. Empirical Findings; Tables; 1. Inflation Targeters: Sample Characteristics; A. Summary of Results; 2. Breakdown of Communication Results, Sample Average, 2000-05
3. Clarity of Communication, Sample Averages, 2000-05B. "The Central Bank that Cried Wolf"; 4. Clarity of Communication, Individual Countries, 2000-05; 4. Monetary Policy Communication: 2000-05; C. Robustness Checks; 5. Clarity of Communication: Robustness Checks; V. Conclusions: Is the Glass Half Empty or Half Full?; 5. Clarity of Communication, the 2-Year Forecast Horizon, 2000-05; References; Annex
Record Nr. UNINA-9910821636703321
Smídková Katerina  
Washington, D.C. : , : International Monetary Fund, , 2008
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Reserve requirements, the maturity structure of debt, and bank runs / / Eza Al-Zein ; authorized for distribution by Marc Quintyn
Reserve requirements, the maturity structure of debt, and bank runs / / Eza Al-Zein ; authorized for distribution by Marc Quintyn
Autore Al-Zein Eza
Pubbl/distr/stampa [Washington, District of Columbia] : , : International Monetary Fund, , 2008
Descrizione fisica 1 online resource (28 p.)
Disciplina 332.15
Altri autori (Persone) QuintynMarc
Collana IMF Working Papers
IMF working paper
Soggetto topico Bank reserves - Econometric models
Banks and banking, Central - Econometric models
Bank failures - Econometric models
Debts, Public - Econometric models
Soggetto genere / forma Electronic books.
ISBN 1-4623-4268-X
1-4527-9751-X
9786612840623
1-282-84062-2
1-4518-6968-1
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Contents; I. Introduction; II. Motivation and Literature; III. The Model; A. The Domestic Economy; B. Date-Specific and Maturity-Specific Reserve Requirements; C. The Lenders' Problem; D. Defining the Equilibrium; Figures; 1. Structure of the Model; IV. The Emergence of Bank Runs; A. The Emergence of Bank Runs in the Setup Without Reserve Requirements; Defining the Illiquidity Condition; 2. Decision Tree at t=1 Summarizes How a Bank Run Would Occur.; B. Can Reserve Requirements Prevent the Occurrence of a Bank Run?; Illiquidity Conditions with Reserve Requirements
Reserve Requirements and Market FailureC. International Lending After the Bank Runs: Are International Lenders "Throwing Good Money After Bad Money"?; International Re-Optimization Problem; V. Discussion; Sunspot and Bank Run Probability; Incentive to Form a Bank; VI. Conclusion; Appendix; References
Record Nr. UNINA-9910464018703321
Al-Zein Eza  
[Washington, District of Columbia] : , : International Monetary Fund, , 2008
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Reserve Requirements, the Maturity Structure of Debt, and Bank Runs / / Eza Ghassan Al-Zein
Reserve Requirements, the Maturity Structure of Debt, and Bank Runs / / Eza Ghassan Al-Zein
Autore Al-Zein Eza Ghassan
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2008
Descrizione fisica 1 online resource (28 p.)
Disciplina 332.15
Collana IMF Working Papers
IMF working paper
Soggetto topico Bank reserves - Econometric models
Banks and banking, Central - Econometric models
Bank failures - Econometric models
Debts, Public - Econometric models
Banks and Banking
Exports and Imports
Investments: Bonds
Money and Monetary Policy
Monetary Policy
Banks
Depository Institutions
Micro Finance Institutions
Mortgages
International Investment
Long-term Capital Movements
General Financial Markets: General (includes Measurement and Data)
Interest Rates: Determination, Term Structure, and Effects
Monetary economics
Banking
International economics
Investment & securities
Finance
Reserve requirements
Capital controls
Bonds
Real interest rates
Monetary policy
Banks and banking
Capital movements
Interest rates
ISBN 1-4623-4268-X
1-4527-9751-X
9786612840623
1-282-84062-2
1-4518-6968-1
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Contents; I. Introduction; II. Motivation and Literature; III. The Model; A. The Domestic Economy; B. Date-Specific and Maturity-Specific Reserve Requirements; C. The Lenders' Problem; D. Defining the Equilibrium; Figures; 1. Structure of the Model; IV. The Emergence of Bank Runs; A. The Emergence of Bank Runs in the Setup Without Reserve Requirements; Defining the Illiquidity Condition; 2. Decision Tree at t=1 Summarizes How a Bank Run Would Occur.; B. Can Reserve Requirements Prevent the Occurrence of a Bank Run?; Illiquidity Conditions with Reserve Requirements
Reserve Requirements and Market FailureC. International Lending After the Bank Runs: Are International Lenders "Throwing Good Money After Bad Money"?; International Re-Optimization Problem; V. Discussion; Sunspot and Bank Run Probability; Incentive to Form a Bank; VI. Conclusion; Appendix; References
Record Nr. UNINA-9910788240303321
Al-Zein Eza Ghassan  
Washington, D.C. : , : International Monetary Fund, , 2008
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui