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...
| מחבר ראשי: | |
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| פורמט: | כתב-עת |
| שפה: | English |
| יצא לאור: |
Washington, D.C. :
International Monetary Fund,
2006.
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| סדרה: | IMF Working Papers; Working Paper ;
No. 2006/115 |
| גישה מקוונת: | Full text available on IMF |