Implementation of Monetary Policy and the Central Bank's Balance Sheet /

This paper discusses how the choice of central banks' operating targets influences the use of their monetary policy instruments and how the latter affect the central bank's balance sheet. This is of particular interest, since the monetary conditionality in IMF-supported programs has tradit...

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Dettagli Bibliografici
Autore principale: Schaechter, Andrea
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2001.
Serie:IMF Working Papers; Working Paper ; No. 2001/149
Accesso online:Full text available on IMF