Central banks around the world have seen their values tumble in recent months, with their assets hit as stock markets plunged amid the Covid-19 pandemic.
These banks must assess what actions they will need to take to help their economies recover from the global crisis.
Research from Lancaster University Management School Accounting & Finance Professors Vasso Ioannidou and Igor Goncharov, along with the University of Oxford’s Professor Martin Schmalz, has looked as these institutions and their relationships with government.
These relationships will be in the spotlight more than ever in the future, with the Lancaster research cited in a new article in the Economist that highlights the links and looks at what the losses and plummeting values mean.
Read the full Economist article here: https://www.economist.com/finance-and-economics/2020/05/07/losses-by-central-banks-are-nothing-to-fear