Why Do Central Banks Go Weak?

Why Do Central Banks Go Weak?
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... READ MORE...

Publication date: January 2009
ISBN 9781451871609
$18.00

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