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Money and Interest Rates: General


Private Shareholding and Public Interest: An Analysis of an Eclectic Group of Central Banks

Jannie Rossouw
Although the title seems to be a contradictio in terminis, this paper shows that there are a small eclectic number of central banks with private shareholders. This paper reviews this selected group of central banks on which surprisingly little has been published. The first challenge is to identify...
Aug 2014
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Rethinking equilibrium conditions in macromonetary theory: A conceptually rigorous approach

Piet-Hein Van Eeghen
Although still very much a minority view, there is a growing sense of unease about the high degree of abstraction involved in contemporary macro-monetary theory, in particular concerning its representative-agent microfoundation (see e.g. Colander et al., 2008; Goodhart, 2005, 2008; Buiter, 2009;...
Nov 2011
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