| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP818 |
| DP818 Reflections on the Emergence of a Single Market for Bank Reserves in a European Monetary Union | |
| Jacques MELITZ | |
| 发表日期 | 1993-07-31 |
| 出版年 | 1993 |
| 语种 | 英语 |
| 摘要 | The emergence of a single interbank market for reserves in the EC following monetary union raises a basic dilemma for policy. Either competition is allowed to decide the location of the interbank market and the national central banks will enter the competition, or the location of this market is decided collectively from the start, but a uniform blueprint of central banking must be adopted. The sources of this dilemma and its consequences are analysed in this paper. |
| 主题 | International Macroeconomics |
| 关键词 | Central banking Competition in banking European monetary union Money market |
| URL | https://cepr.org/publications/dp818 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529967 |
| 推荐引用方式 GB/T 7714 | Jacques MELITZ. DP818 Reflections on the Emergence of a Single Market for Bank Reserves in a European Monetary Union. 1993. |
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