Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7789 |
DP7789 Asymmetric Standing Facilities: An Unexploited Monetary Policy Tool | |
Gabriel Pérez-Quirós; Hugo Rodriguez Mendizabal | |
发表日期 | 2010-04-19 |
出版年 | 2010 |
语种 | 英语 |
摘要 | 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. |
主题 | International Macroeconomics |
关键词 | Fine tuning operations Monetary policy implementation Overnight interest rates Standing facilities |
URL | https://cepr.org/publications/dp7789 |
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/536625 |
推荐引用方式 GB/T 7714 | Gabriel Pérez-Quirós,Hugo Rodriguez Mendizabal. DP7789 Asymmetric Standing Facilities: An Unexploited Monetary Policy Tool. 2010. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。