Independent central banks take more risk, not less
Bernhard Bartels, Barry Eichengreen, Julian Schumacher, Beatrice Weder di Mauro The fiscal dominance view holds that politically captured central banks are more likely to be pushed into taking risky positions, while independent ones resist. This column presents new estimates of the value at risk in the balance sheets of 18 advanced economies’ central banks over […]
Καθαρή εισροή μεταναστών στις ΗΠΑ, 2000-2024 (εκατομμύρια ετησίως)