Refinance Instruments : Lessons From their Use in Some Industrialized Countries /

Many central banks around the world are gradually shifting from a system of direct controls towards the implementation of monetary policy through market-oriented instruments, including refinance facilities. This paper reviews the use of refinance instruments in a sample of industrialized countries,...

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Bibliographic Details
Main Author: Laurens, Bernard
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1994.
Series:IMF Working Papers; Working Paper ; No. 1994/051
Online Access:Full text available on IMF