Bank-By-Bank Credit Ceilings : Issues and Experiences /
Many central banks have abandoned credit ceilings in favor of monetary control frameworks based on indirect instruments. In the long run, ceilings limited competition, hampered the development of a money market, and caused disintermediation. Despite the many distortions associated with the use of cr...
| 第一著者: | |
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| その他の著者: | |
| フォーマット: | 雑誌 |
| 言語: | English |
| 出版事項: |
Washington, D.C. :
International Monetary Fund,
1996.
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| シリーズ: | IMF Working Papers; Working Paper ;
No. 1996/063 |
| オンライン･アクセス: | Full text available on IMF |