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Staff, functions, and staff costs at central banks: an international comparison with a labor-demand model

Jorge
Galán Camacho
Miguel
Sarmiento-Paipilla
Miércoles, 1 Noviembre 2006

During the period 2000-2004 central banks sustained a generalized reduction in their staff, which was accompanied, in most cases, with significant increases in staff costs. This could obey to an enhanced interest of central banks in focusing on their core