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020 _a9783031735493
_q(electronic bk.)
020 _a3031735498
_q(electronic bk.)
020 _z9783031735486
024 7 _a10.1007/978-3-031-73549-3
_2doi
035 _a(OCoLC)1531048418
_z(OCoLC)1529903004
_z(OCoLC)1534208460
_z(OCoLC)1535968112
_z(OCoLC)1537955148
_z(OCoLC)1543214521
_z(OCoLC)1544977987
035 9 _a(OCLCCM-CC)1531048418
040 _aGW5XE
_beng
_erda
_epn
_cGW5XE
_dOCLKB
_dSFB
_dOCLCO
_dOCLCQ
_dOCLCO
041 _aeng
049 _aMAIN
050 4 _aHG1811
072 7 _aKFF
_2bicssc
072 7 _aBUS027000
_2bisacsh
072 7 _aKFF
_2thema
245 0 0 _aCentral bank capital in turbulent times :
_bthe risk management dimension of novel monetary policy instruments /
_cDirk Broeders, Aerdt Houben, Matteo Bonetti, editors.
264 1 _aCham :
_bSpringer,
_c2025.
300 _a1 online resource (xxiv, 317 pages) :
_billustrations (some color).
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 1 _aContributions to finance and accounting,
_x2730-6046
500 _aIncludes index.
505 0 _aCentral bank capital adequacy: the simple analytics and complex politics -- Central Bank Capital and Trust in Money: Lessons from History for the Digital Age -- Accounting policies, distribution rules and the financial performance of central banks -- Fiscal Consequences of Central Bank Losses -- Central bank capital and shareholder relationship -- Consequences of Last Resort Policy for Central Bank Balance Sheets -- New Perspectives on Quantitative Easing and Central Bank Capital Policies -- Central bank capital and independence: a quantitative case study -- The impact of central bank digital currency on central bank profitability, risk taking and capital -- Impact of Transitions on the Financial Stability and LOLR Roles of Central Banks -- Through the Lens of Legal Mandate: Central Bank Capital in a Time of Climate Crisis.
520 _aThis open access book provides a comprehensive overview of the vulnerabilities of central banks' financial accounts and the implications for central bank capital and risk management in turbulent times. By combining the perspectives of academics, risk managers and policy makers, it sheds light on the complex challenges facing central banks and offers key insights into safeguarding the stability of financial systems in an uncertain future. In an era of heightened uncertainty, central banks face unprecedented risks. Following consecutive crises, they have expanded their monetary policy toolkit through quantitative easing and credit extension, which has bloated their balance sheets and exposed them to substantial risks. Moreover, central banks are confronting novel challenges like climate change and nature loss, which threaten their objectives of price stability and financial stability. At the same time, central banks find themselves in a precarious position, as they raise interest rates to combat inflation, generating financial losses on their asset portfolios. These losses threaten to erode their capitalization, a cornerstone of central bank independence and credibility.
540 _aCreative Commons Attribution 4.0 International
_fCC BY 4.0
_uhttp://creativecommons.org/licenses/by/4.0/
588 0 _aOnline resource; title from PDF title page (SpringerLink, viewed August 5, 2025).
650 0 _aBanks and banking, Central.
_0http://id.loc.gov/authorities/subjects/sh85011647
650 0 _aMonetary policy.
_0http://id.loc.gov/authorities/subjects/sh85086787
650 0 _aFinance.
_0http://id.loc.gov/authorities/subjects/sh85048256
650 6 _aBanques centrales.
650 6 _aPolitique monétaire.
650 6 _aFinances.
650 7 _afinance.
_2aat
655 4 _aElectronic books.
700 1 _aBroeders, Dirk,
_d1969-
_eeditor.
_1https://id.oclc.org/worldcat/entity/E39PBJcrjbC9wJbkJjJWhFHgrq
_0http://id.loc.gov/authorities/names/n2007070030
700 1 _aHouben, Aerdt C. F. J.,
_eeditor.
_1https://id.oclc.org/worldcat/entity/E39PBJmy47k79bbKjJgqBBYHG3
_0http://id.loc.gov/authorities/names/no95022226
700 1 _aBonetti, Matteo,
_eeditor.
776 0 8 _z303173548X
830 0 _aContributions to finance and accounting,
_x2730-6046
_0http://id.loc.gov/authorities/names/no2022019090
856 4 0 _uhttps://directory.doabooks.org/handle/20.500.12854/165912
_yFull text is available at the Directory of Open Access Books. Click here to view.
942 _2ddc
_cOA