Author: David Mayes
Publisher: Routledge
ISBN: 1134114346
Category : Business & Economics
Languages : en
Pages : 494
Book Description
A mixture of academic and practitioner research, this is the most detailed book available that provides an account of open market operations. With broad international appeal it includes discussions of central bank operations in Europe, North America, Australia and Japan. Exploring the effectiveness of short-term interest rates and other modern cent
Open Market Operations and Financial Markets
Author: David Mayes
Publisher: Routledge
ISBN: 1134114346
Category : Business & Economics
Languages : en
Pages : 494
Book Description
A mixture of academic and practitioner research, this is the most detailed book available that provides an account of open market operations. With broad international appeal it includes discussions of central bank operations in Europe, North America, Australia and Japan. Exploring the effectiveness of short-term interest rates and other modern cent
Publisher: Routledge
ISBN: 1134114346
Category : Business & Economics
Languages : en
Pages : 494
Book Description
A mixture of academic and practitioner research, this is the most detailed book available that provides an account of open market operations. With broad international appeal it includes discussions of central bank operations in Europe, North America, Australia and Japan. Exploring the effectiveness of short-term interest rates and other modern cent
Open Market Operations as a Policy Tool in the United States
Author: Ann-Marie Meulendyke
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 14
Book Description
Reviews the current monetary goals and tools used in the U.S., advantage of the open market operations ...
Publisher:
ISBN:
Category : Monetary policy
Languages : en
Pages : 14
Book Description
Reviews the current monetary goals and tools used in the U.S., advantage of the open market operations ...
Transformation of Markets and Policy Instruments for Open Market Operations
Author: Mr.S. H. Axilrod
Publisher: International Monetary Fund
ISBN: 1451856598
Category : Business & Economics
Languages : en
Pages : 98
Book Description
As developing countries and economies in transition have relied on deregulated, competitive markets to spur growth, their central banks have shifted toward using open market operations as a tool of monetary policy. To be most effective, such operations require supportive changes in other policy instruments (reserve requirements, discount window), a competitive banking system and securities market, and adaptation of particular open market or market-type instruments used to the stage of, and potential for, market development. The paper assesses options available to a central bank for encouraging a competitive market architecture and designing instruments for implementation of open market operations.
Publisher: International Monetary Fund
ISBN: 1451856598
Category : Business & Economics
Languages : en
Pages : 98
Book Description
As developing countries and economies in transition have relied on deregulated, competitive markets to spur growth, their central banks have shifted toward using open market operations as a tool of monetary policy. To be most effective, such operations require supportive changes in other policy instruments (reserve requirements, discount window), a competitive banking system and securities market, and adaptation of particular open market or market-type instruments used to the stage of, and potential for, market development. The paper assesses options available to a central bank for encouraging a competitive market architecture and designing instruments for implementation of open market operations.
The Federal Reserve System Purposes and Functions
Author: Board of Governors of the Federal Reserve System
Publisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0
Book Description
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Publisher:
ISBN: 9780894991967
Category : Banks and Banking
Languages : en
Pages : 0
Book Description
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Regulation Relating to Open Market Operations of Federal Reserve Banks
Author: United States. Federal Open Market Committee
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 16
Book Description
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 16
Book Description
After the Accord
Author: Kenneth D. Garbade
Publisher: Cambridge University Press
ISBN: 1108839894
Category : Business & Economics
Languages : en
Pages : 603
Book Description
A contribution to the history of the institutional evolution of the market that finances the US government in war and peace.
Publisher: Cambridge University Press
ISBN: 1108839894
Category : Business & Economics
Languages : en
Pages : 603
Book Description
A contribution to the history of the institutional evolution of the market that finances the US government in war and peace.
Minutes of the Federal Open Market Committee and Its Executive Committee
Author: United States. Federal Open Market Committee
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 888
Book Description
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 888
Book Description
Open Market Operations
Author: Paul Meek
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 28
Book Description
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 28
Book Description
Monetary Policy Operations and the Financial System
Author: Ulrich Bindseil
Publisher: OUP Oxford
ISBN: 019102645X
Category : Business & Economics
Languages : en
Pages : 337
Book Description
Since 2007, central banks of industrialized countries have counteracted financial instability, recession, and deflationary risks with unprecedented monetary policy operations. While generally regarded as successful, these measures also led to an exceptional increase in the size of central bank balance sheets. The book first introduces the subject by explaining monetary policy operations in normal times, including the key instruments (open market operations, standing facilities, reserve requirements, and the collateral framework). Second, the book reviews the basic mechanics of financial crises as they have hit economies many times. The book then explains what central banks need to do to when financial markets and banks are impaired to fulfil their monetary policy and financial stability mandates. Besides demonstrating the need for non-conventional monetary policy measures, the book also highlights their dangers, such as moral hazard and increased central bank risk taking. The book draws a number of lessons from the crisis on non-conventional monetary policy operations, assessing what measures have worked well, and how a framework should be designed in future normal times such as to contribute to make financial crises less likely. Central bank monetary policy operations have traditionally been considered as a matter of practice, while the macroeconomic modelling of the transmission mechanism of monetary policy is regarded as a discipline relying on substantial theory ('monetary economics'). However, monetary policy operations can equally benefit from a theory, and from a normative framework to guide policy choices. The limited interest that monetary policy operations have found for many decades in academic economics may well have contributed to the many misunderstandings on central bank actions over recent years. This book provides a basis for a better theoretical understanding of real-world monetary policy operations.
Publisher: OUP Oxford
ISBN: 019102645X
Category : Business & Economics
Languages : en
Pages : 337
Book Description
Since 2007, central banks of industrialized countries have counteracted financial instability, recession, and deflationary risks with unprecedented monetary policy operations. While generally regarded as successful, these measures also led to an exceptional increase in the size of central bank balance sheets. The book first introduces the subject by explaining monetary policy operations in normal times, including the key instruments (open market operations, standing facilities, reserve requirements, and the collateral framework). Second, the book reviews the basic mechanics of financial crises as they have hit economies many times. The book then explains what central banks need to do to when financial markets and banks are impaired to fulfil their monetary policy and financial stability mandates. Besides demonstrating the need for non-conventional monetary policy measures, the book also highlights their dangers, such as moral hazard and increased central bank risk taking. The book draws a number of lessons from the crisis on non-conventional monetary policy operations, assessing what measures have worked well, and how a framework should be designed in future normal times such as to contribute to make financial crises less likely. Central bank monetary policy operations have traditionally been considered as a matter of practice, while the macroeconomic modelling of the transmission mechanism of monetary policy is regarded as a discipline relying on substantial theory ('monetary economics'). However, monetary policy operations can equally benefit from a theory, and from a normative framework to guide policy choices. The limited interest that monetary policy operations have found for many decades in academic economics may well have contributed to the many misunderstandings on central bank actions over recent years. This book provides a basis for a better theoretical understanding of real-world monetary policy operations.
Open Market Operations
Author: Paul Meek
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 48
Book Description
Publisher:
ISBN:
Category : Federal Reserve banks
Languages : en
Pages : 48
Book Description