Economics and Business Review

ISSN 2392-1641
e-ISSN 2450-0097

Poznań University of Economics - Poland

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Volume 3 (17) Number 4 pp. 3-27

Barbara Pajdo

Narodowy Bank Polski, Accounting & Finance Department

Determinants of central banks’ financial strength: evidence from Central and Eastern European countries

Abstract:

The 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.
 

pub/2017_4_3.pdf Full text available in in Adobe Acrobat format:
http://www.ebr.edu.pl/volume17/issue4/2017_4_3.pdf
Keywords: central banking, financial strength, accounting framework, profit distribution.

DOI: 10.18559/ebr.2017.4.1

For citation:

MLA Pajdo, Barbara. "Determinants of central banks’ financial strength: evidence from Central and Eastern European countries." Economics and Business Review EBR 17.4 (2017): 3-27. DOI: 10.18559/ebr.2017.4.1
APA Pajdo, B. (2017). Determinants of central banks’ financial strength: evidence from Central and Eastern European countries. Economics and Business Review EBR 17(4), 3-27 DOI: 10.18559/ebr.2017.4.1
ISO 690 PAJDO, Barbara. Determinants of central banks’ financial strength: evidence from Central and Eastern European countries. Economics and Business Review EBR, 2017, 17.4: 3-27. DOI: 10.18559/ebr.2017.4.1