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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Tác giả chính: Maehle, Nils
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2020.
Loạt:IMF Working Papers; Working Paper ; No. 2020/026
Truy cập trực tuyến:Full text available on IMF