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...

Полное описание

Библиографические подробности
Главный автор: Ize, Alain
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2005.
Серии:IMF Working Papers; Working Paper ; No. 2005/015
Online-ссылка:Full text available on IMF