Overview
Monetary Policy Instruments of the Eurosystem.- Stylized Facts and First Explanations.- Base Model: Banks' Liquidity Management and Interbank Market Equilibrium.- Remuneration of Required Reserves at the Current Repo Rate.- Remuneration of Required Reserves at an Average Rate.- Overlapping Maturities of Central Bank Credits.- Implications for the Eurosystem's Operational Framework.- Summary.
- | Author: Ulrike Neyer
- | Publisher: Physica-Verlag
- | Publication Date: Oct 19, 2010
- | Number of Pages: 179 pages
- | Binding: Paperback or Softback
- | ISBN-10: 3790825379
- | ISBN-13: 9783790825374
