Relationship Between Short-Term Interest Rates and Excess Reserves : A Logistic Approach /
This paper models the relationship between short-term rates and excess reserves in an interest rate corridor as a logistic function estimated for the Eurosystem. The estimate helps to identify conditions in which short-term rates become unanchored, that is, they move away from the policy rates and b...
| প্রধান লেখক: | |
|---|---|
| অন্যান্য লেখক: | , |
| বিন্যাস: | পত্রিকা |
| ভাষা: | English |
| প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2018.
|
| মালা: | IMF Working Papers; Working Paper ;
No. 2018/080 |
| অনলাইন ব্যবহার করুন: | Full text available on IMF |