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;...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Matamoros-Indorf, Marcela
Weitere Verfasser: Jacome, Luis, Sharma, Mrinalini, Townsend, Simon
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2012.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2012/016
Online Zugang:Full text available on IMF