Add to ORKGThe maturity of the operational target of monetary policy is a distinguishing feature of the SNB's operational framework of monetary policy. While most central banks use targets for the overnight rate to signal the policy-intended interest rate level, the SNB announces a target range for the three-month Libor. This paper investigates the working and the consequences of the SNB's unique operational framework for the behavior of Swiss money market rates before and during the financial crisis.Implementation of Monetary Policy; Operational Targets of Monetary Policy; Three-Month Rate Targeting; Financial Crisis
We analyse the impact of interest-bearing central bank bills on financial market variables in Switze...
This paper reviews the tactics and strategy of monetary policy in Switzerland, using a selection of ...
The term structure is an important transmitter of, and indicator for, monetary policy. This paper st...
The maturity of the operational target of monetary policy is a distinguishing feature of the SNB's o...
NoneImplementation of Monetary Policy; Operational Targets of Monetary Policy; Three-Month Rate Targ...
In December 1999 the Swiss National Bank (SNB) abandoned monetary targeting and introduced a new mon...
We use a regime-switching approach to model the implementation of SNB monetary policy. The regime-sw...
Overnight money market rates are the predominant operational target of monetary policy. As a consequ...
The present article deals with the evolution of the operational framework of the Swiss central bank,...
Swiss Monetary Policy: Central Bank Independence and Stabilization Goals The Swiss National Ban...
Overnight money market rates are the predominant operational target of monetary policy. As a consequ...
Monetary policy implementation is one of the most significant areas of interaction between central b...
This paper examines the degree to which volatility in overnight interest rates leads to volatility i...
The interest rate forecast plays a key role in the communication of monetary policy in Norges Bank. ...
From Credit Policy to Money-Supply Policy. The monetary policy of the Swiss National Bank in the pas...
We analyse the impact of interest-bearing central bank bills on financial market variables in Switze...
This paper reviews the tactics and strategy of monetary policy in Switzerland, using a selection of ...
The term structure is an important transmitter of, and indicator for, monetary policy. This paper st...
The maturity of the operational target of monetary policy is a distinguishing feature of the SNB's o...
NoneImplementation of Monetary Policy; Operational Targets of Monetary Policy; Three-Month Rate Targ...
In December 1999 the Swiss National Bank (SNB) abandoned monetary targeting and introduced a new mon...
We use a regime-switching approach to model the implementation of SNB monetary policy. The regime-sw...
Overnight money market rates are the predominant operational target of monetary policy. As a consequ...
The present article deals with the evolution of the operational framework of the Swiss central bank,...
Swiss Monetary Policy: Central Bank Independence and Stabilization Goals The Swiss National Ban...
Overnight money market rates are the predominant operational target of monetary policy. As a consequ...
Monetary policy implementation is one of the most significant areas of interaction between central b...
This paper examines the degree to which volatility in overnight interest rates leads to volatility i...
The interest rate forecast plays a key role in the communication of monetary policy in Norges Bank. ...
From Credit Policy to Money-Supply Policy. The monetary policy of the Swiss National Bank in the pas...
We analyse the impact of interest-bearing central bank bills on financial market variables in Switze...
This paper reviews the tactics and strategy of monetary policy in Switzerland, using a selection of ...
The term structure is an important transmitter of, and indicator for, monetary policy. This paper st...