Seminar, Volúmenes514-520R. Thapar, 2002 |
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Página 4
... Central bank lending to the government has received little attention in the literature, particularly since the early 1990s. At that time, the studies addressed central bank financing to the government across countries and its ...
... Central bank lending to the government has received little attention in the literature, particularly since the early 1990s. At that time, the studies addressed central bank financing to the government across countries and its ...
Página 14
... central banks have come from central banks' issuance of debt. An aversion to the accumulation of an unsustainable debt burden by the central bank would be consistent with the preference to use treasury bills instead of central bank ...
... central banks have come from central banks' issuance of debt. An aversion to the accumulation of an unsustainable debt burden by the central bank would be consistent with the preference to use treasury bills instead of central bank ...
Página 42
... central banks have a delegated authority to achieve their legally mandated objectives with the available instruments in an independent ... Central Bank Independence and Central Bank Conservatism Despite the 42 CENTRAL BANK INDEPENDENCE.
... central banks have a delegated authority to achieve their legally mandated objectives with the available instruments in an independent ... Central Bank Independence and Central Bank Conservatism Despite the 42 CENTRAL BANK INDEPENDENCE.
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