Monetary Policy Operations and the Financial System
by Ulrich Bindseil
2020-12-29 10:55:03
Monetary Policy Operations and the Financial System
by Ulrich Bindseil
2020-12-29 10:55:03
An introduction to the way that central banks implement monetary policy through market operations. It explains monetary policy operations in normal times, reviews the basic mechanics of financial crises, and explains what central banks need to do to ...
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An introduction to the way that central banks implement monetary policy through market operations. It explains monetary policy operations in normal times, reviews the basic mechanics of financial crises, and explains what central banks need to do to fulfil their monetary policy and financial stability mandates when markets and banks are impaired.
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