The Adoption of Indirect Instruments of Monetary Policy
Summary:
This paper examines the experience of implementing indirect instruments of monetary policy. The experiences of country studies illustrate the variety of circumstances under which indirect instruments of monetary policy have been introduced. Case Studies are presented for Chile, Egypt, Ghana, Indonesia, Mexico, New Zealand, and Poland.
Series:
Occasional Paper No. 1995/008
Subject:
Banking Central banks Commercial banks Credit Financial institutions Monetary policy Monetary policy instruments Money Open market operations Treasury bills and bonds
Notes:
By a staff team headed by William E. Alexander, Tomas J. T. Balino, and Charles Enoch and comprising Francesco Caramazza, George Iden, David Marston, Johannes Mueller, Ceyla Pazarbasioglu, Marc Quintyn, Matthew Saal, and Gabriel Sensenbrenner.
English
Publication Date:
July 6, 1995
ISBN/ISSN:
9781557754899/0251-6365
Stock No:
S126EA0000000
Pages:
75
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