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...
| Κύριος συγγραφέας: | |
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| Μορφή: | Επιστημονικό περιοδικό |
| Γλώσσα: | English |
| Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2006.
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| Σειρά: | IMF Working Papers; Working Paper ;
No. 2006/115 |
| Διαθέσιμο Online: | Full text available on IMF |