Ranking, risk-taking and effort: an analysis of the ECB's foreign reserves management
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- Antonio Scalia & Benjamin Sahel, 2012. "Ranking, risk-taking and effort: an analysis of the ECB's foreign reserves management," Temi di discussione (Economic working papers) 840, Bank of Italy, Economic Research and International Relations Area.
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CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
- Francesco Potente & Antonio Scalia, 2016. "Market timing and performance attribution in the ECB reserve management framework," Temi di discussione (Economic working papers) 1062, Bank of Italy, Economic Research and International Relations Area.
More about this item
KeywordsDelegated portfolio management; effort; Foreign reserves; incentives; tournament;
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2011-09-16 (All new papers)
- NEP-CBA-2011-09-16 (Central Banking)
- NEP-MON-2011-09-16 (Monetary Economics)
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