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...
Autor principal: | |
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Format: | Revista |
Idioma: | English |
Publicat: |
Washington, D.C. :
International Monetary Fund,
2020.
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Col·lecció: | IMF Working Papers; Working Paper ;
No. 2020/026 |
Accés en línia: | Full text available on IMF |