Capitalizing Central Banks : A Net Worth Approach /
This paper provides a simple, quantitative, net worth-based, approach to assessing the need for central bank capital. It derives a concept of "core capital" (a function of the central bank's operating expenditures and the carrying cost of its international reserves) as the minimum cap...
Auteur principal: | |
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Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2005.
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Collection: | IMF Working Papers; Working Paper ;
No. 2005/015 |
Accès en ligne: | Full text available on IMF |