Author/Editor: Peter Stella, Seiichi Shimizu, Simon Gray, Ulrich H. Klueh, Alexandre Chailloux.

Release Date:September, 2008

The paper reviews the policy response of major central banks during the 2007–08 financial market turbulence and suggests that there is scope for convergence among central bank more...

Author/Editor: Peter Stella, Ulrich H. Klueh.

Release Date:July, 2008

The financial health of central banks and its relation to policy outcomes has recently been recognized as an important policy issue. While case study evidence clearly indicates that weak central bank more...