Chiacchio, Francesco and Claeys, Grégory and Papadia, Francesco (2018) Should we care about central bank profits? Bruegel Policy Contribution Issue n˚13 | September 2018. [Policy Paper]
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Official URL: http://bruegel.org/2018/08/should-we-care-about-ce...
Abstract
Central banks are not profit-maximising institutions; their objectives are rather of macroeconomic nature. The European Central Bank’s overriding objective is price stability. Nevertheless, there are three good reasons to conclude that it is preferable for central banks to achieve profits rather than to record losses.
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| Item Type: | Policy Paper |
|---|---|
| Subjects for non-EU documents: | EU policies and themes > Policies & related activities > economic and financial affairs > banks/financial markets |
| Subjects for EU documents: | UNSPECIFIED |
| EU Series and Periodicals: | UNSPECIFIED |
| EU Annual Reports: | UNSPECIFIED |
| Series: | Series > Bruegel (Brussels) > Policy Contributions |
| Depositing User: | Phil Wilkin |
| Official EU Document: | No |
| Language: | English |
| Date Deposited: | 14 Sep 2018 13:25 |
| Number of Pages: | 12 |
| Last Modified: | 14 Sep 2018 13:25 |
| URI: | http://aei.pitt.edu/id/eprint/94383 |
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