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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Bibliographic Details
Main Author: Schaechter, Andrea
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/149
Online Access:Full text available on IMF

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