This paper analyzes the role of standing facilities in the determination of the demand for reserves in the overnight money market. In particular, we study how the asymmetric nature of the deposit and lending facilities could be used as a powerful policy tool for the simultaneous control of prices and quantities in the market for daily funds
With the use of nontraditional policy tools, the level of reserve balances has risen significantly i...
The conditions on the day-to-day money market are decisive for interestrate determination on the mon...
For most central banks, the short-term interest rate in the interbank market (the money market rate)...
This paper analyzes the role of standing facilities in the determination of the demand for reserves ...
This paper analyzes the role of standing facilities in the determination of the demand for reserves ...
This paper analyzes the role of standing facilities in the determination of the demand for reserves ...
In recent years, some central banks have implemented monetary policy without reserve requirements by...
This paper presents evidence that the existence of deposit and lending facilities combined with an a...
This paper presents evidence that the existence of deposit and lending facilities combined with an a...
This paper presents evidence that the existence of deposit and lending facilities combined with an a...
A fixed-exchange-rate system is characterized by two pillars: monetary policy coordination and forei...
This paper presents evidence that the existence of deposit and lending facilities combined with an a...
Chapter 1 builds a two-bank bargaining model of the overnight interbank market in which, due to the...
This paper investigates the role of variable capacity utilization as a source of asymmetries in the ...
SIGLEAvailable from British Library Document Supply Centre- DSC:3597.9715(UCS-DE-DPS--93-02) / BLDSC...
With the use of nontraditional policy tools, the level of reserve balances has risen significantly i...
The conditions on the day-to-day money market are decisive for interestrate determination on the mon...
For most central banks, the short-term interest rate in the interbank market (the money market rate)...
This paper analyzes the role of standing facilities in the determination of the demand for reserves ...
This paper analyzes the role of standing facilities in the determination of the demand for reserves ...
This paper analyzes the role of standing facilities in the determination of the demand for reserves ...
In recent years, some central banks have implemented monetary policy without reserve requirements by...
This paper presents evidence that the existence of deposit and lending facilities combined with an a...
This paper presents evidence that the existence of deposit and lending facilities combined with an a...
This paper presents evidence that the existence of deposit and lending facilities combined with an a...
A fixed-exchange-rate system is characterized by two pillars: monetary policy coordination and forei...
This paper presents evidence that the existence of deposit and lending facilities combined with an a...
Chapter 1 builds a two-bank bargaining model of the overnight interbank market in which, due to the...
This paper investigates the role of variable capacity utilization as a source of asymmetries in the ...
SIGLEAvailable from British Library Document Supply Centre- DSC:3597.9715(UCS-DE-DPS--93-02) / BLDSC...
With the use of nontraditional policy tools, the level of reserve balances has risen significantly i...
The conditions on the day-to-day money market are decisive for interestrate determination on the mon...
For most central banks, the short-term interest rate in the interbank market (the money market rate)...