International versus domestic auditing of bank solvency
نویسندگان
چکیده
منابع مشابه
Maintaining Central-Bank Solvency under New-Style Central Banking
Since 2008, the central banks of advanced countries have borrowed trillions of dollars from their commercial banks in the form of reserves and invested the proceeds in portfolios of risky assets. They are paying interest on those reserves. We investigate how this new style of central banking affects central banks’ solvency. We find that a central bank that pays dividends equal to net income wil...
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ژورنال
عنوان ژورنال: Journal of International Economics
سال: 2005
ISSN: 0022-1996
DOI: 10.1016/j.jinteco.2004.09.004