Raising Rates with a Large Balance Sheet: The Eurosystem’s Net Income and its Fiscal Implications
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Cited by:
- Matteo Bonetti & Dirk Broeders & Damiaan Chen & Daniel Dimitrov, 2024. "Central Bank Capital and Shareholder Relationship," Working Papers 809, DNB.
- Hansen Arne, 2024. "Bundesbank-Verluste: Bilanzierungspraxis und etwaige Nachschusspflicht des Bundes," Wirtschaftsdienst, Sciendo, vol. 104(7), pages 497-502.
- Dimakopoulou, Vasiliki & Economides, George & Philippopoulos, Apostolis & Vassilatos, Vanghelis, 2024. "Can central banks do the unpleasant job that governments should do?," European Economic Review, Elsevier, vol. 165(C).
- Gebauer, Stefan & Pool, Sebastiaan & Schumacher, Julian, 2024. "The inflationary consequences of prioritising central bank profits," Working Paper Series 2985, European Central Bank.
- Jost, Thomas & Mink, Reimund, 2024. "Central bank losses and commercial bank profits: Unexpected and unfair?," IMFS Working Paper Series 199, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
- Sergio Cesaratto & Eladio Febrero & George Pantelopoulos, 2024. "Redistributing central bank profits & losses across the Eurosystem: the Eurosystem's monetary income," FMM Working Paper 104-2024, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
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Keywords
Eurosystem; balance sheet; monetary policy; profit distribution; seigniorage; central bank independence; ECB Policy; net purchase; QE portfolio; selected NCBs; Eurosystem's net income; rate path; pooling reference rate; distribution policy; Income; Financial statements; Unconventional monetary policies; Central bank policy rate; Global; Europe;All these keywords.
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2023-08-14 (Banking)
- NEP-CBA-2023-08-14 (Central Banking)
- NEP-MON-2023-08-14 (Monetary Economics)
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