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;...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Matamoros-Indorf, Marcela
Övriga upphovsmän: Jacome, Luis, Sharma, Mrinalini, Townsend, Simon
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2012.
Serie:IMF Working Papers; Working Paper ; No. 2012/016
Länkar:Full text available on IMF