Central Banks’ Response to the Current Financial Crisis – Between Costs and Benefits by Teodora Cristina Barbu, Iustina Boitan

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Central Bank independence and economic performance in Caucasus and Central Asian Countries by Islam Rizvanoghlu, Abdulkadir Nagac

Subjects: “…Central Bank Independence…”
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Cryptocurrency and central bank digital currency: an insight from the regulatory perspective by Bhaskar Podder

“…Unlike cryptocurrency, Central Bank Digital Currency, being a virtual currency backed by the central bank or the monetary authority of a country serves all the functions of money, such as a store of value, a unit of account, and a medium of exchange, facilitates the attainment of macroeconomic goals and financial stability. …”
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The Role of Financial Institutions in Digital Currency Business Models of Central Banks by Ivan Pavlović

Subjects: “…digital currencies of central banks…”
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Central Bank Digital Currency: New Opportunities for Cross-Border Payments by Galina V. Semeko

Subjects: “…central bank digital currency…”
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The generation and distribution of central bank seigniorage in the Czech Republic, Hungary and Poland by Eduard Hochreiter, Riccardo Rovelli

“… We measure the amount of central bank seigniorage generated in three economies in transition and inquire to what extent seigniorage ultimately accrues to the government. …”
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The relationship between monetary stability and central bank independence: The case of Azerbaijan by Ilknur Tanriverdi, Farid Jabiyev, Yuriy Bilan, Mayis Azizov, Elsevar Ibadov

Subjects: “…central bank independence…”
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The Theory of Private Money and the Problem of Positioning the Central Bank as Emission Body by Yu. A. Kropin

“…The status of the Central Bank as an emission body (a bank of banks) should be transformed.…”
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The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse by Félix G. Mostajo

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Modern mercantilism, central bank bankruptcy and policy dilemma: the case of Taiwan by L.S. FAN, C.M. FAN

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An Overview of Central Banks’ Answers to Economic Stimulus Following Covid-19 by Alexandru Duță

“…In this paper we discuss the implications of various economic stimulus mechanisms implemented by the United States and EU central banks to combat the economic downturn caused by the Covid-19 pandemic. …”
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Communication as an instrument for enhancing trust in a central bank: the case of Ukraine by Yuliia Shapoval, Kateryna Anufriieva, Svitlana Brus, Yevhen Bublyk

“…The relevance of trust in the central bank is determined by the rapid growth of the gap between the expectations of a regulator and market participants regardless of the reforms carried out by the NBU. …”
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MANAGING FINANCIAL STABILITY BY THE EUROPEAN CENTRAL BANK IN THE PERIOD 2008–2012 by Radosław Ciukaj

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The Effect of Central Bank Policy Decisions on Stock Market Returns in Chile by Andrés A. Acuña, Cristián F. Pinto

“…This paper analyzes the stock-market response to monetary policy decisions made by the Central Bank of Chile.  We use a methodology designed for the study of low frequency events and monthly data from September 2001 to December 2013 to estimate the effect of anticipated and unanticipated changes in the Chilean monetary policy interest rate on stock returns.  …”
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Leaning against the Bubble: Central Bank Intervention in Walrasian Asset Markets by Chia-Lin Chang, Jukka Ilomäki, Hannu Laurila

“…A general conclusion is that the central bank’s policy can be regarded as an effective automatic stabilizer of financial markets.…”
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Central Banks' Response to the Current Financial Crisis – Between Costs and Benefits by Teodora Cristina Barbu, Iustina Boitan

“… Our study is inserted in the thematic area dedicated, during recent years, to the research on central banks’ response to financial crisis. The global financial crisis has outlined a series of weaknesses located at regulatory and supervisory activities’ level, causing major central banks to face a new operating environment, in which traditional monetary policy tools are ineffective (key interest rate close to zero) in restoring the financial markets’ proper functioning. …”
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Central Bank Cooperation and Lending of Last Resort in the Scandinavian Monetary Union by Ögren Anders, Trautwein Hans-Michael

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Nonlinearities in Central Bank of Brazil's reaction function: the case of asymmetric preferences by Edilean Kleber da Silva Bejarano Aragón, Marcelo Savino Portugal

“…For years 2000 to 2007, results indicate that the Central Bank of Brazil showed asymmetric preference over an above-target inflation rate. …”
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Management of Risks to Financial Stability from the Perspective of a Central Bank by Gabriela Lățea

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Prerequisites for the emergence and world experience in the introduction of digital currencies of central banks by A. Yu. Mikhaylishin

“…Objective: to determine the advantages and features of the development of centralized digital currencies and the prospects for their development globally.Methods: historical method, abstract-logical method.Results: the development of technologies and infrastructure and the experience in the use of public digital currencies have led to the logical interest of most central banks in issuing a new form of money - digital currencies of central banks. …”
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