Author/Editor: Luis Ignacio Jácome, Marcela Matamoros-Indorf, Mrinalini Sharma, Simon Baker Townsend.

Release Date:January, 2012

Using a central bank legislation database, this paper documents and analyzes worldwide institutional arrangements for central bank lending to the government and identifies international practices. more...

Author/Editor: Erlend Nier, Luis Ignacio Jácome, Jacek Osinski, Pamela Madrid.

Release Date:November, 2011

A number of countries are reviewing their institutional arrangements for financial stability to support the development of a macroprudential policy function. In some cases, this involves a rethink of more...

Author/Editor: Luis Ignacio Jácome.

Release Date:May, 2008

This paper reviews the nature of central bank involvement in 26 episodes of financial disturbance and crises in Latin America from the mid-1990s onwards. It finds that, except in a handful of cases, more...

Author/Editor: Eric Parrado, Luis Ignacio Jácome.

Release Date:March, 2007

This paper addresses the question of why inflation has not yet converged to price stability in Central America and the Dominican Republic and is currently relatively high by Latin American standards. more...

Author/Editor: Luis Ignacio Jácome, Francisco F Vazquez.

Release Date:April, 2005

This paper reviews central bank legislation in 24 countries in Latin America and the Caribbean during the 1990s. Using panel regressions, we find a negative relationship between legal central bank more...

Author/Editor: Luis Ignacio Jácome.

Release Date:December, 2001

This paper reviews central banks’ legal reform in Latin America during the 1990s and discusses the status of central bank independence in the region. Based on this information, it builds a more...