Monetary Operations and Central Bank Balance Sheets in a World of Limited Government Securities

Business & Finance, Economics, Money & Monetary Policy, International Economics, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
Cover of the book Monetary Operations and Central Bank Balance Sheets in a World of Limited Government Securities by Marc Mr. Zelmer, INTERNATIONAL MONETARY FUND
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Marc Mr. Zelmer ISBN: 9781455275014
Publisher: INTERNATIONAL MONETARY FUND Publication: December 1, 2001
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Marc Mr. Zelmer
ISBN: 9781455275014
Publisher: INTERNATIONAL MONETARY FUND
Publication: December 1, 2001
Imprint: INTERNATIONAL MONETARY FUND
Language: English

The limited supply of government securities in some industrial countries has important ramifications for the operating techniques used by central banks to implement monetary policy, provide credit to the financial sector, and also for the assets they hold on their balance sheets. The paper reviews the salient facts regarding industrial central bank balance sheets and operating techniques, and outlines different options for dealing with a limited supply of government securities. The main conclusion is that central banks may wish to consider extending credit using a broad range of assets as collateral, and engage in outright transactions of securities guaranteed by financial institutions.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The limited supply of government securities in some industrial countries has important ramifications for the operating techniques used by central banks to implement monetary policy, provide credit to the financial sector, and also for the assets they hold on their balance sheets. The paper reviews the salient facts regarding industrial central bank balance sheets and operating techniques, and outlines different options for dealing with a limited supply of government securities. The main conclusion is that central banks may wish to consider extending credit using a broad range of assets as collateral, and engage in outright transactions of securities guaranteed by financial institutions.

More books from INTERNATIONAL MONETARY FUND

Cover of the book Regional Economic Outlook, October 2018, Middle East and Central Asia by Marc Mr. Zelmer
Cover of the book Prevention and Management of Government Arrears by Marc Mr. Zelmer
Cover of the book Modernizing Cash Management (EPub) (PDF Download) by Marc Mr. Zelmer
Cover of the book A Review of the Fiscal Impulse Measure by Marc Mr. Zelmer
Cover of the book Structural Reforms and Economic Performance in Advanced and Developing Countries by Marc Mr. Zelmer
Cover of the book Monetary Policy in the New Normal by Marc Mr. Zelmer
Cover of the book Managing Economic Volatility in Latin America by Marc Mr. Zelmer
Cover of the book Public Expenditure Handbook: A Guide to Public Policy Issues in Developing Countries by Marc Mr. Zelmer
Cover of the book Fiscal Monitor, April 2017 by Marc Mr. Zelmer
Cover of the book Working Together: Improving Regulatory Cooperation and Information Exchange by Marc Mr. Zelmer
Cover of the book Finance & Development, June 1981 by Marc Mr. Zelmer
Cover of the book International Financial Policy: Essays in honor of Jacques J. Polak by Marc Mr. Zelmer
Cover of the book Pension Reform, Investment Restrictions and Capital Markets by Marc Mr. Zelmer
Cover of the book World Economic Outlook, September 2003: Public Debt in Emerging Markets by Marc Mr. Zelmer
Cover of the book Race to the Next Income Frontier by Marc Mr. Zelmer
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy