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New York and the Politics of Central Banks, 1781 to the Federal Reserve Act
banking legislation central bank financial crisis
2011/10/3
The paper provides a brief history of central banking institutions in the United States. Specifically, the authors highlight the role of New York banking interests in the affecting legislations affect...
Central Banks as Sources of Financial Instability
CENTRAL banks & banking BANKING industry Depository Credit Intermediation Activities Related to Credit Intermediation
2011/9/26
In this article the author presents an argument to show that central banks have a destabilizing effect on economies rather than the traditional view that they have a stabilizing capacity. The article ...
TOO SOVEREIGN TO BE SUED: IMMUNITY OF CENTRAL BANKS IN TIMES OF FINANCIAL CRISIS
information foreign central banks conformance global economy
2011/9/24
The article offers information on the immunity of foreign central banks in conformance to the Foreign Sovereign Immunities Act of 1976 (FSIA). It discusses the role of central banks in stabilizing cur...
Independence and Responsibility of Central Banks
Independence Responsibility Central Banks
2009/7/23
A strong information asymmetry may exist between central bank managers
and both the public and the government. Therefore managerial discretion of the central
bank managers is possible. On the other ...