Optimal Liquidity and Economic Stability /
Monetary aggregates are now much less used as policy instruments as identifying the right measure has become difficult and interest rate transmission has worked well in an increasingly complex financial system. In this process, little attention was paid to the potential spillover of excess liquidity...
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| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2012.
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| Серія: | IMF Working Papers; Working Paper ;
No. 2012/135 |
| Онлайн доступ: | Full text available on IMF |