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Showing results 1 to 10 of approximately 454.
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Journal Article
The structure of our nation's central bank
Johnston, Verle
(1985)
FRBSF Economic Letter
Journal Article
Commercial banks and the central bank in a market economy
Greenspan, Alan
(1989-11)
Economic Review
, Volume 74
, Issue Nov
, Pages 3-12
Speech
Recent developments in key legal issues of international reserves investments
Baxter, Thomas C.
(2010)
Remarks at the Central Reserve Bank of Peru on the Foreign Sovereign Immunities Act and Central Bank Immunity in the United States.
Speech
, Paper 48
Working Paper
Financial fragility and the exchange rate regime
Velasco, Andres; Chang, Roberto
(1997)
We study financial fragility, exchange rate crises, and monetary policy in an open economy version of a Diamond-Dybvig model. The banking system, the exchange rate regime, and central bank credit policy are seen as parts of a mechanism intended to maximize social welfare; if the mechanism fails, banking crises and speculative attacks become possible. We compare currency boards, fixed rates, and flexible rates with and without a lender of last resort. A currency board cannot implement a socially optimal allocation; in addition, bank runs are possible under a currency board. A fixed exchange ...
FRB Atlanta Working Paper
, Paper 97-16
Conference Paper
Commentary: monetary policy after the fall.
Taylor, John B.
(2010)
Proceedings - Economic Policy Symposium - Jackson Hole
Speech
Central bank transparency: why and how?
Poole, William
(2001)
Presentation at the Philadelphia Fed Policy Forum, Philadelphia - Nov. 30, 2001
Speech
, Paper 51
Journal Article
Limited commitment and central bank lending
Lacker, Jeffrey M.; Goodfriend, Marvin
(1999-10)
Economic Quarterly
, Issue Fall
, Pages 1-27
Journal Article
The design of wholesale payments networks: the importance of incentives
Roberds, William; Kahn, Charles M.
(1999-07)
Most people are familiar with retail payments systems such as checks and credit cards. Less familiar are wholesale payments systems, which consist of electronic networks used for sending large sums among banks. A feature common to all wholesale networks is that settlement is carried out by exchange of funds held in banks' reserve accounts at a central bank, though the rules for settlement vary. This article considers the question of what is the best design for a wholesale payments system, in particular whether it should settle on a net or a real-time gross basis, and some of the difficult ...
Economic Review
, Volume 84
, Issue Q3
, Pages 30-39
Conference Paper
The housing finance revolution: general discussion
Issing, Otmar
(2007)
Proceedings - Economic Policy Symposium - Jackson Hole
Speech
Importance of financial econometrics for financial innovation and financial stability: a speech for the Inaugural Conference of the Society for Financial Econometrics, New York University Stern School of Business, June 5, 2008
Plosser, Charles I.
(2008-06-05)
Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia, for the Inaugural Conference of the Society for Financial Econometrics, New York University Stern School of Business, New York, NY, June 5, 2008
Speech
, Paper 18
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