Should Unconventional Balance Sheet Policies Be Added to the Central Bank toolkit? : A Review of the Experience so Far /

What is the case for adding the unconventional balance sheet policies used by major central banks since 2007 to the standard policy toolkit? The record so far suggests that the new liquidity providing policies in support of financial stability generally warrant inclusion. As the balance sheet polici...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Ishi, Kotaro
Tác giả khác: Fujita, Kenji, Stone, Mark
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2011.
Loạt:IMF Working Papers; Working Paper ; No. 2011/145
Truy cập trực tuyến:Full text available on IMF
LEADER 01782cas a2200265 a 4500
001 AALejournalIMF007257
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781455268467 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Ishi, Kotaro. 
245 1 0 |a Should Unconventional Balance Sheet Policies Be Added to the Central Bank toolkit? :   |b A Review of the Experience so Far /  |c Kotaro Ishi, Kenji Fujita, Mark Stone. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2011. 
300 |a 1 online resource (70 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a What is the case for adding the unconventional balance sheet policies used by major central banks since 2007 to the standard policy toolkit? The record so far suggests that the new liquidity providing policies in support of financial stability generally warrant inclusion. As the balance sheet policies aimed at macroeconomic stability were used only by a small number of highly credible central banks facing a lower bound constraint on conventional interest rate policy, they are not relevant for most central banks or states of the world. Best practices of these policies are documented in this paper. 
538 |a Mode of access: Internet 
700 1 |a Fujita, Kenji. 
700 1 |a Stone, Mark. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2011/145 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2011/145/001.2011.issue-145-en.xml  |z IMF e-Library