Central Bank Credit to the Government : What Can We Learn From International Practices? /

Using a central bank legislation database, this paper documents and analyzes worldwide institutional arrangements for central bank lending to the government and identifies international practices. Key findings are: (i) in most advanced countries, central banks do not finance government expenditure;...

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Hlavní autor: Matamoros-Indorf, Marcela
Další autoři: Jacome, Luis, Sharma, Mrinalini, Townsend, Simon
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2012.
Edice:IMF Working Papers; Working Paper ; No. 2012/016
On-line přístup:Full text available on IMF