Liquidity Ratios as Monetary Policy Tools : Some Historical Lessons for Macroprudential Policy /

This paper explores what history can tell us about the interactions between macroprudential and monetary policy. Based on numerous historical documents, we show that liquidity ratios similar to the Liquidity Coverage Ratio (LCR) were commonly used as monetary policy tools by central banks between th...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Monnet, Eric
Awduron Eraill: Vari, Miklos
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2019.
Cyfres:IMF Working Papers; Working Paper ; No. 2019/176
Mynediad Ar-lein:Full text available on IMF