Excess Liquidity and Effectiveness of Monetary Policy : Evidence from Sub-Saharan Africa /

This paper examines the pattern of excess liquidity in sub-Saharan Africa and its consequences for the effectiveness of monetary policy. The paper argues that understanding the consequences of excess liquidity requires quantifying the extent to which commercial bank holdings of excess liquidity exce...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Saxegaard, Magnus
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2006.
سلاسل:IMF Working Papers; Working Paper ; No. 2006/115
الوصول للمادة أونلاين:Full text available on IMF