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market-based instruments. The process of financial deregulation is uniform across the countries. The path of money market …
Persistent link: https://www.econbiz.de/10010335629
We discuss the prospects for Chinese money market development and transition to market-based monetary policy operations based on a comparative historical analysis of the present Chinese situation and the development in 11 European countries from 1979 up to the launch of European Economic and...
Persistent link: https://www.econbiz.de/10010320150
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We discuss the prospects for Chinese money market development and transition to market-based monetary policy operations based on a comparative historical analysis of the present Chinese situation and the development in 11 European countries from 1979 up to the launch of European Economic and...
Persistent link: https://www.econbiz.de/10012776151
-based instruments.The process of deregulation is uniform across countries. The path of money market development varies substantially …
Persistent link: https://www.econbiz.de/10014224474
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The Eurosystem and the U.S. Federal Reserve System follow quite different approaches to the execution of monetary policy. The former institution adopts a "hands-off" approach that largely delegates to depository institutions the task of stabilizing their own liquidity at high frequency. The...
Persistent link: https://www.econbiz.de/10001752004