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A novel decomposition of national central banks’ profits in the euro area: application to the case of Banco de Portugal

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  • José Miguel Cardoso da Costa
  • Nuno Silva

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  • José Miguel Cardoso da Costa & Nuno Silva, 2023. "A novel decomposition of national central banks’ profits in the euro area: application to the case of Banco de Portugal," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    • Handle: RePEc:ptu:bdpart:e202303
    as

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    References listed on IDEAS

    as
    1. Robert E. Hall & Ricardo Reis, 2015. "Maintaining Central-Bank Financial Stability under New-Style Central Banking," NBER Working Papers 21173, National Bureau of Economic Research, Inc.
    2. Del Negro, Marco & Sims, Christopher A., 2015. "When does a central bank׳s balance sheet require fiscal support?," Journal of Monetary Economics, Elsevier, vol. 73(C), pages 1-19.
    3. Alyssa G. Anderson & Philippa Marks & Dave Na & Bernd Schlusche & Zeynep Senyuz, 2022. "An Analysis of the Interest Rate Risk of the Federal Reserve’s Balance Sheet, Part 2: Projections under Alternative Interest Rate Paths," FEDS Notes 2022-07-15-3, Board of Governors of the Federal Reserve System (U.S.).
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