the European Central Bank

Examples of central bank

central bank
Following the realization of liquidity shocks, a borrowing bank reports t to the centralbank.
We assume that the centralbank uses (2) to guide its policy decisions.
But m is observable by the government and can be used to control the behavior of the centralbank.
All other choices imply that the centralbank has tried to deceive the public and will therefore lead to severe punishment.
Then the public could learn over time whether the centralbank is informed or uninformed.
An uninformed centralbank is allowed to choose an inflation target of -, although this would not be optimal.
Although no stabilisation credits were employed, centralbank co-operation deserves some credit in the stabilisation of the franc.
They did not share equally, however, in the development of centralbank cooperation.
Centralbank co-operation remained the best means to deal with these problems and to avoid political demands for unwise policies.
This implies that the per-depositor borrowing from the centralbank decreases with the reserve/deposit ratio.
Financial cooperation is typically channelled through the host country's centralbank, which then distributes loans to local banks for financing concretely identified projects.
By charging a positive interest rate on discount window loans, a centralbank can open a discount window without generating indeterminacy of equilibrium.
Credibility problems do not allow the centralbank to carry out an autonomous monetary policy.
There were no descriptions or discussions of what was done by the centralbank.
The significance of these factors demonstrates that centralbank independence, or lack thereof, is not solely derived from formal rules; non-statutory variables are equally important.
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