Federal Funds Rate Control with Voluntary Reserve Targets

This note describes a framework for implementing monetary policy, dubbed a voluntary reserve targets framework, that could reintroduce significant margins in the federal funds market, reviving the market no matter the aggregate quantity of reserves, while simultaneously limiting the volatility of rates

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Year of publication:	2020
Authors:	Baughman, Garth
Other Persons:	Carapella, Francesca (contributor)
Publisher:	[2020]: [S.l.] : SSRN
Subject:	Geldmarkt \| Money market \| Mindestreserve \| Reserve requirements \| Geldpolitik \| Monetary policy \| Zins \| Interest rate \| Geldpolitisches Ziel \| Monetary target
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Series:	FEDS Notes ; No. 2019-08-26
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2019-08-26 erstellt Volltext nicht verfügbar
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012847217