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On the solvency and credibility of a central bank

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  • José Miguel Cardoso da Costa

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  • José Miguel Cardoso da Costa, 2022. "On the solvency and credibility of a central bank," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
  • Handle: RePEc:ptu:bdpart:e202211
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    File URL: https://www.bportugal.pt/sites/default/files/anexos/papers/re202211_en.pdf
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    References listed on IDEAS

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    1. Leeper, Eric M., 1991. "Equilibria under 'active' and 'passive' monetary and fiscal policies," Journal of Monetary Economics, Elsevier, vol. 27(1), pages 129-147, February.
    2. Robert E. Hall & Ricardo Reis, 2015. "Maintaining Central-Bank Financial Stability under New-Style Central Banking," Economics Working Papers 15109, Hoover Institution, Stanford University.
    3. Giancarlo Corsetti & Luca Dedola, 2016. "The Mystery of the Printing Press: Monetary Policy and Self-Fulfilling Debt Crises," Journal of the European Economic Association, European Economic Association, vol. 14(6), pages 1329-1371.
    4. Mr. Peter Stella, 1997. "Do Central Banks Need Capital?," IMF Working Papers 1997/083, International Monetary Fund.
    5. Giancarlo Corsetti & Luca Dedola, 2012. "The "Mystery of the Printing Press" Monetary Policy and Self-fulfilling Debt Crises," Discussion Papers 1424, Centre for Macroeconomics (CFM), revised Aug 2014.
    6. Paul R. Bergin, 2017. "Fiscal Solvency and Price Level Determination in a Monetary Union," World Scientific Book Chapters, in: International Macroeconomic Interdependence, chapter 12, pages 343-362, World Scientific Publishing Co. Pte. Ltd..
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    Cited by:

    1. Francisco Gomes Pereira, 2023. "Balance Sheet Expansionary Policies in the Euro Area: Macroeconomic Impacts and a Vulnerable versus Non-Vulnerable Comparison - A Bayesian Structural VAR Approach," Working Papers REM 2023/0259, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.

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