Central bank capital, financial strength, and the Bank of Japan
This Economic Letter addresses central bank capital and financial strength in the context of Bank of Japan policy (Cargill 2005). Specifically, it reviews general considerations about central bank capital and financial strength, discusses recent Bank of Japan policy in the context of capital structure, evaluates the Bank of Japan's concern in the context of the broader issue of central bank independence, and draws some lessons from recent Bank of Japan policy.
Volume (Year): (2006)
Issue (Month): may19 ()
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References listed on IDEAS
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- Peter Stella, 2005. "Central Bank Financial Strength, Transparency, and Policy Credibility," IMF Staff Papers, Palgrave Macmillan, vol. 52(2), pages 335-365, September.
- Alain Ize, 2005.
"Capitalizing Central Banks: A Net Worth Approach,"
IMF Staff Papers,
Palgrave Macmillan, vol. 52(2), pages 289-310, September.
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