Liquid Asset Ratios and Financial Sector Reform /

As a monetary, selective credit, and government debt-management instrument, a liquid asset ratio is generally inefficient and may introduce serious distortions. However, it may play a limited role as a prudential instrument, particularly in less sophisticated banking systems or in the context of cur...

Descrición completa

Detalles Bibliográficos
Autor Principal: Gulde, Anne
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1997.
Series:IMF Working Papers; Working Paper ; No. 1997/144
Acceso en liña:Full text available on IMF