Excess Liquidity and Effectiveness of Monetary Policy : Evidence from Sub-Saharan Africa /

This paper examines the pattern of excess liquidity in sub-Saharan Africa and its consequences for the effectiveness of monetary policy. The paper argues that understanding the consequences of excess liquidity requires quantifying the extent to which commercial bank holdings of excess liquidity exce...

詳細記述

書誌詳細
第一著者: Saxegaard, Magnus
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2006.
シリーズ:IMF Working Papers; Working Paper ; No. 2006/115
オンライン・アクセス:Full text available on IMF