Determinants of central banks’ financial strength: evidence from Central and Eastern European countries
Keywords:central banking, financial strength, accounting framework, profit distribution
AbstractThe central banks’ financial strength supports financial stability. Now in a low interest rate world it should receive much more attention as many central banks had experienced financial difficulties mainly due to operating and valuation losses. The purpose of this paper is to investigate the determinants of central banks’ financial strength and find the most appropriate measure of it. The empirical analysis is based on data from a ten-year panel for central banks from Central and Eastern European Countries that are members of the European Union (EU), but have not adopted the euro.
How to Cite
Copyright (c) 2017 Poznań University of Economics and Business
This work is licensed under a Creative Commons Attribution 4.0 International License.