Carletti, Elena; Hartmann, Philipp; Spagnolo, Giancarlo - Center for Financial Studies - 2006
, Bank Reserves, Internal Money Market, Banking
System Liquidity, Monetary Operations
1 Introduction
The last decade has …, Sweden or Switzerland. For example, the Swiss
banking system is now dominated by two main players. In order to moderate … central bank must intervene to
provide the missing liquidity and smooth out fluctuations in the banking system. Aggregate …