Showing 1 - 10 of 50
Persistent link: https://www.econbiz.de/10000992274
Persistent link: https://www.econbiz.de/10001617914
domestic credit institutions. In this monetary setup, banks use short-term central bank credits extensively in order to …
Persistent link: https://www.econbiz.de/10009578028
Persistent link: https://www.econbiz.de/10000996323
Persistent link: https://www.econbiz.de/10001408497
Persistent link: https://www.econbiz.de/10001215340
Persistent link: https://www.econbiz.de/10001216557
Persistent link: https://www.econbiz.de/10000895488
A distinguishing feature of the ECB's monetary policy setup is the preannouncement of a minimum bid rate in its weekly repo auctions. However, whenever interest rates are expected to decline, the minimum bid rate is viewed as too high and banks refrain from bidding, severely impeding the ECB's...
Persistent link: https://www.econbiz.de/10011432155