Search Results - subject:"Operating procedures"

Implementing monetary policy in the 2000s: operating procedures in Asia and beyond

Ho, Corrinne - Bank for International Settlements (BIS) - 2008

Just as monetary policy at the strategic level has undergone significant changes over the years, so has its day-to-day implementation. This paper documents the key features of 17 central banks' monetary operating frameworks as of early 2007 and discusses their major developments over the...

Persistent link: https://www.econbiz.de/10005157630

Monetary Policy Implementation; Results From a Survey

Buzeneca, Inese; Maino, Rodolfo - International Monetary Fund (IMF) - 2007

Since the early 1990s, the IMF has been advising countries to shift to the use of indirect instruments for executing monetary policy. This paper provides information about a monetary policy instruments database, maintained by the Monetary and Capital Markets Department of the IMF. We offer an...

Persistent link: https://www.econbiz.de/10005605113

Monetary operating procedures: principles and the Indian process

Goyal, Ashima - In: Journal of social and economic development 15 (2013), pp. 32-49

Persistent link: https://www.econbiz.de/10010245665

The Reform of October 1979: How It Happened and Why

Lindsey, David E.; Orphanides, Athanasios; Rasche, Robert H. - Center for Financial Studies - 2005

effective. The new operating procedures were also adopted for the pragmatic reason that they would likely succeed. … participants that it would be effective. The new operating procedures were also adopted for the pragmatic reason that they would … reform, operating procedures. 2 Do we have the wit and the wisdom to restore an environment of price stability without …

Persistent link: https://www.econbiz.de/10005022437

Monetary Policy Implementation at Different Stages of Market Development

Laurens, Bernard - International Monetary Fund (IMF) - 2005

The most salient trend in monetary policy over the past two decades has been increasing reliance on money market operations, which reflects the belief that allowing market forces to allocate financial resources brings about increased economic efficiency and growth. However, small economies and...

Persistent link: https://www.econbiz.de/10005252522

The reform of October 1979: How it happened and why

Lindsay, David E.; Orphanides, Athanasios; Rasche, Robert H. - 2004

effective. The new operating procedures were also adopted for the pragmatic reason that they would likely succeed. …

Persistent link: https://www.econbiz.de/10010298294

The determinants of the overnight interest rate in the euro area

Moschitz, Julius - 2004

The overnight interest rate is the price paid for one day loans and defines the short end of the yield curve. It is the equilibrium outcome of supply and demand for bank reserves. This paper models the intertemporal decision problems in the reserve market for both central and commercial banks....

Persistent link: https://www.econbiz.de/10011604439

The determinants of the overnight interest rate in the euro area

Moschitz, Julius - European Central Bank - 2004

Persistent link: https://www.econbiz.de/10005530709

The reform of October 1979: How it happened and why

Lindsay, David E.; Orphanides, Athanasios; Rasche, Robert H. - Center for Financial Studies - 2004

effective. The new operating procedures were also adopted for the pragmatic reason that they would likely succeed. …

Persistent link: https://www.econbiz.de/10010986369

Poole Revisited

Dellas, H. - In: Competition and Regulation in Network Industries LVI (2011) 4, pp. 405-426

We study the properties of alternative central bank targeting procedures in a general equilibrium, monetary model of the US economy with labor contracts, endogenous velocity and three shocks: money demand, supply and fiscal. Money demand – velocity – shocks emerge as the main source of...

Persistent link: https://www.econbiz.de/10010569262