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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Главный автор: Maehle, Nils
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2020.
Серии:IMF Working Papers; Working Paper ; No. 2020/026
Online-ссылка:Full text available on IMF