Monetary Policy Implementation : Operational Issues for Countries with Evolving Monetary Policy Frameworks /

This paper discusses operational issues for countries that want to reform their monetary policy frameworks. It argues that stabilizing short-term interest rates on a day-to-day basis has significant advantages, and thus that short-term interest rates, not reserve money, in most cases should be the d...

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书目详细资料
主要作者: Maehle, Nils
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2020.
丛编:IMF Working Papers; Working Paper ; No. 2020/026
在线阅读:Full text available on IMF