Managing financial research in central banks

Core responsibilities of central banks include a number of financial areas, in addition to and partly overlapping with the traditional function of conducting monetary policy. These financial policies aim, for example, at the deterrence of systemic financial risk, ensuring the efficiency and stability of payments systems, and the management of a financial crisis. In order to fulfil these mandates, many central banks devote substantial resources to researching a wide range of issues affecting fina

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