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...
| Автор: | |
|---|---|
| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2006.
|
| Серія: | IMF Working Papers; Working Paper ;
No. 2006/115 |
| Онлайн доступ: | Full text available on IMF |