Central Banking Without Central Bank Money /
Given the rapidly declining demand for central bank reserves and their gradual replacement in wholesale payments by alternative forms of money-clearinghouse moneyand treasury money-this paper discusses whether the complete extinction of base money could undermine monetary control. It argues that suc...
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| Altri autori: | , |
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
1999.
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| Serie: | IMF Working Papers; Working Paper ;
No. 1999/092 |
| Accesso online: | Full text available on IMF |