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The Design of the Eurosystem's Monetary Policy Instruments|Ulrike Neyer

The Design of the Eurosystem's Monetary Policy Instruments

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Overview

Monetary Policy Instruments of the Eurosystem.- Stylized Facts and First Explanations.- Base Model: Banks' Liquidity Management and Interbank Market Equilibrium.- Remuneration of Required Reserves at the Current Repo Rate.- Remuneration of Required Reserves at an Average Rate.- Overlapping Maturities of Central Bank Credits.- Implications for the Eurosystem's Operational Framework.- Summary.

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Details

  • ISBN-13: 9783790825374
  • ISBN-10: 3790825379
  • Publisher: Physica-Verlag
  • Publish Date: October 2010
  • Dimensions: 9.21 x 6.14 x 0.41 inches
  • Shipping Weight: 0.61 pounds
  • Page Count: 179

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