Paper studies central bank risk and return over 175 years

Research uses National Bank of Denmark as a case study

national-bank-of-denmark
National Bank of Denmark

Core earnings associated with the National Bank of Denmark's basic functions have been on a downward trend since the early 1980s, a working paper published by the central bank has found.

In 175 Years of Financial Risks and Returns in Central Banking, Kim Abildgren presents new data on the National Bank of Denmark's balance sheet and profit from financial items between 1839 and 2014.

The paper then analyses how core earnings and "earnings from assuming additional risks" have developed "within a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.