Monetary Policy with a touch of Basel /

The typical portrait of monetary policy has the banks and the money supply being manipulated through changes in bank reserves. However, with only a small portion of bank deposits now subject to reserve requirements, an alternative explanation of how monetary policy influences banks is needed. Over t...

Full description

Bibliographic Details
Main Author: Chami, Ralph
Other Authors: Cosimano, Thomas
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/151
Online Access:Full text available on IMF