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Implementation of monetary policy : how do central banks set interest rates?
Friedman, Benjamin M.; Kuttner, Kenneth N. - 2010
Persistent link: https://www.econbiz.de/10003990816
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Chapter 24. Implementation of Monetary Policy : How Do Central Banks Set Interest Rates?
Friedman, Benjamin M.; Kuttner, Kenneth N. - In: Handbook of monetary economics : volume 3, (pp. 1345-1438). 2010
variation in the supply of central bank liabilities. In effect, the announcement effect has displaced the liquidity effect as …
Persistent link: https://www.econbiz.de/10014025618