01606cas a2200253 a 4500 AALejournalIMF005531 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451871609 1018-5941 BD-DhAAL BD-DhAAL Oulidi, Nada. Why Do Central Banks Go Weak? / Nada Oulidi, Alain Ize. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (19 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Determinants of central banks' profitability are studied using a statistical analysis of their balance sheets, country characteristics, and the macroeconomic and institutional environments in which they operate. Central banks at both tails of the distribution of profits generally operate in poorer countries with more troubled macroeconomic and institutional environments. For these central banks, profitability is strongly influenced by fiscal dominance and, to a lesser extent, by how actively central banks used their balance sheet for monetary policy purposes. Mode of access: Internet Ize, Alain. IMF Working Papers; Working Paper ; No. 2009/013 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/013/001.2009.issue-013-en.xml IMF e-Library