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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Han, Linghui
Tác giả khác: Lee, Il
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2012.
Loạt:IMF Working Papers; Working Paper ; No. 2012/135
Truy cập trực tuyến:Full text available on IMF