Monetary Policy Implementation: Results from a Survey Rodolfo Maino

ISBN: 9781283511759

Published: May 9th 2014

ebook

43 pages


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Monetary Policy Implementation: Results from a Survey  by  Rodolfo Maino

Monetary Policy Implementation: Results from a Survey by Rodolfo Maino
May 9th 2014 | ebook | PDF, EPUB, FB2, DjVu, audiobook, mp3, ZIP | 43 pages | ISBN: 9781283511759 | 4.27 Mb

Since the early 1990s, the IMF has been advising countries to shift to the use of indirect instruments for executing monetary policy. This paper provides information about a monetary policy instruments database, maintained by the Monetary and CapitalMoreSince the early 1990s, the IMF has been advising countries to shift to the use of indirect instruments for executing monetary policy. This paper provides information about a monetary policy instruments database, maintained by the Monetary and Capital Markets Department of the IMF.

We offer an overview of the information contained in the database in the form of comparative summary tables and graphs to illustrate the use of monetary policy instruments by groups of countries (developing, emerging market and developed countries). The main trend that can be identified from the database information is the increasing reliance on money market operations for monetary policy implementation. We emphasize the relevance and usefulness of the data collected through periodic surveys of central banks, for general descriptive and analytical purposes.



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