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 Based on numerous historical documents, we show that liquidity ratios similar to the Liquidity Coverage Ratio (LCR) were commonly used as monetary policy tools by central banks between th...

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Бібліографічні деталі
Автор: Monnet, Eric
Інші автори: Vari, Miklos
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2019.
Серія:IMF Working Papers; Working Paper ; No. 2019/176
Онлайн доступ:Full text available on IMF