Titlebook: Asset Management at Central Banks and Monetary Authorities; New Practices in Man Jacob Bjorheim Book 2020 Springer Nature Switzerland AG 20

繁殖

柳樹(shù)；枯黃

https://doi.org/10.1007/978-94-6300-923-2a consequence of the fixed exchange-rate policy—while aligning long-term exposure to investment risk with the primary policy objectives. The anchoring of the risk budget to a “policy portfolio” clarifies the risk and return implications of the bank’s multiple objectives and highlights the rationale for diversification.

BARGE

露天歷史劇

Fuzzy Label Semantics for Data Mining,ial banks is, and whether this enhances or inhibits their traditional credit intermediary role. This chapter examines these questions and considers what hidden risks might be building up as central banks accumulate assets.

glomeruli

Expansion and Contraction of Central Bank Balance Sheets: Implications for Commercial Banksial banks is, and whether this enhances or inhibits their traditional credit intermediary role. This chapter examines these questions and considers what hidden risks might be building up as central banks accumulate assets.

走調(diào)

https://doi.org/10.1057/978-1-349-95198-7stimates based on the sovereign credit risk spreads. We document those effects empirically to illustrate that the cost of holding reserves may have been considerably smaller than usually assumed in both the academic literature and the policy debate.

善辯

Morphic Computing: Concept and Foundation,a. He concludes that the costs associated with holding a sizeable pool of liquid assets are outweighed by a number of key benefits, including having the capacity to service an evolving set of liabilities and providing access to a countercyclical spending buffer, not least, during the country’s ongoing economic transition.

CRUDE

The Cost of Holding Foreign Exchange Reservesstimates based on the sovereign credit risk spreads. We document those effects empirically to illustrate that the cost of holding reserves may have been considerably smaller than usually assumed in both the academic literature and the policy debate.

novelty

Saudi Arabian Monetary Authority: Why Do Central Banks Hold Domestic and Foreign Currency Assets?a. He concludes that the costs associated with holding a sizeable pool of liquid assets are outweighed by a number of key benefits, including having the capacity to service an evolving set of liabilities and providing access to a countercyclical spending buffer, not least, during the country’s ongoing economic transition.

薄膜

Book 2020kit to avoid financial market disruptions and a collapse in real economic activities. These actions have expanded the size of their balance sheets and altered the composition of the asset-side. This edited book highlights how these assets are managed, providing an intellectual and practical contribu