Monetary policy and central bank balance sheet concerns

B.E. Journal of Macroeconomics

Volumn 9, Issue 1, 2009, Pages

  Berriel, Tiago C ^a   Bhattarai, Saroj ^a  

^a PRINCETON UNIVERSITY   (United States)

Author keywords

Central bank balance sheet; Central bank capital; Central bank independence; Inflation targeting; Monetary policy

Indexed keywords

EID: 67649547237     PISSN: None     EISSN: 19351690     Source Type: Journal    
DOI: 10.2202/1935-1690.1770     Document Type: Article

References (9)

1. Bose, J., IS. Gupta, N. Jadav, and P. Ray. (2003). "The Reserve Bank of India's balance sheet: analytics and dynamics of evolution." Reserve Bank of India Occasional Papers 24, 1-59.
2. Hawkins, J. (2003). "Central bank balance sheets and fiscal operations." In Fiscal Issues and Central Banking in Emerging Economies, BIS Papers No.20, 71-83. Basel: Bank for International Settlements.
3. Jeanne, O., and L.E.O. Svensson. (2007). "Credible commitment to optimal escape from a liquidity trap: The role of the balance sheet of an independent central bank." American Economic Review 97, 474-490.
4. Leeper, E. (1991). "Equilibria under 'active' and 'passive' monetary and fiscal policies." Journal of Monetary Economics 27, 129-147.
5. Sims, C. A. (2005). "Limits to inflation targeting." In The Inflation Targeting Debate, edited by Bernanke, B.S., and M. Woodford. Chicago, IL: University of Chicago Press.
6. Stella, P. (2005). "Central bank financial strength, transparency, and policy credibility." IMF Staff Papers 52, 335-65.
7. Svensson, L. E. O. (2007). "Inflation targeting." In The New Palgrave Dictionary of Economics, edited by Blum. L., and S. Durlauf. Forthcoming.
8. Walsh, C. (2003). Monetary Theory and Policy. Cambridge, MA: MIT Press.
9. Woodford, M. (1999). "Optimal monetary policy inertia." The Manchester School 67, 1-35.