Add to ORKGThis 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.fine tuning operations; Monetary policy implementation; overnight interest rates; standing facilities
This paper deals with active monetary policy and interest-rate smoothing regimes. In active monetary...
This paper presents preliminary findings and is being distributed to economists and other interested...
The Federal Reserve has significant control over several factors in the economy including their abil...
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...
This paper presents evidence that the existence of deposit and lending facilities combined with an a...
This paper investigates the behavior of agents in the United States money and Fed funds markets for ...
Chapter 1 builds a two-bank bargaining model of the overnight interbank market in which, due to the...
For most central banks, the short-term interest rate in the interbank market (the money market rate)...
A fixed-exchange-rate system is characterized by two pillars: monetary policy coordination and forei...
This paper deals with active monetary policy and interest-rate smoothing regimes. In active monetary...
This paper presents preliminary findings and is being distributed to economists and other interested...
The Federal Reserve has significant control over several factors in the economy including their abil...
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...
This paper presents evidence that the existence of deposit and lending facilities combined with an a...
This paper investigates the behavior of agents in the United States money and Fed funds markets for ...
Chapter 1 builds a two-bank bargaining model of the overnight interbank market in which, due to the...
For most central banks, the short-term interest rate in the interbank market (the money market rate)...
A fixed-exchange-rate system is characterized by two pillars: monetary policy coordination and forei...
This paper deals with active monetary policy and interest-rate smoothing regimes. In active monetary...
This paper presents preliminary findings and is being distributed to economists and other interested...
The Federal Reserve has significant control over several factors in the economy including their abil...