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 Based on numerous historical documents, we show that liquidity ratios similar to the Liquidity Coverage Ratio (LCR) were commonly used as monetary policy tools by central banks between th...

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Chi tiết về thư mục
Tác giả chính: Monnet, Eric
Tác giả khác: Vari, Miklos
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2019.
Loạt:IMF Working Papers; Working Paper ; No. 2019/176
Truy cập trực tuyến:Full text available on IMF