Rigour and Flexibility

Pierluigi Ciocca
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Pierluigi Ciocca: Accademia Nazionale dei Lincei

Chapter 3 in Stabilising Capitalism, 2015, pp 16-20 from Palgrave Macmillan

Abstract: Abstract The plurality of aims, constraints, methods and sequences of intervention means the central bank is involved in a continuous exercise of choosing, or reconciling. Thornton again hits the mark when he asks much of those who preside over money and finance: prudence and decision, sense of conservation and ability to see change, rigour and flexibility.

Keywords: Central Bank; Balance Sheet; Money Market; Financial Intermediary; Bank Relationship (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-1-137-55551-9_3

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DOI: 10.1057/9781137555519_3

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