Financial Plumbing and Monetary Policy /

This paper focuses on how changes in financial plumbing of the markets may impact the monetary policy options as central banks contemplate lift off from zero lower bound (ZLB). Under the proposed regulations, banks will face leverage ratio constraints. As a result of quantitative easing (QE), banks...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Singh, Manmohan
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2014.
Saila:IMF Working Papers; Working Paper ; No. 2014/111
Sarrera elektronikoa:Full text available on IMF