Monetary Policy Implementation: Theory, past, and present

Ulrich Bindseil

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Monetary Policy and Economic Impact Banking stability, regulation, efficiency Economic theories and models

Abstract

Preface 1. Monetary policy implementation within the theory of monetary policy 2. The central bank balance sheet and the quantity side of monetary policy implementation 3. The control of short-term interest rates: a simple model 4. Standing facilities 5. Open market operations 6. Reserve requirements 7. Practice of monetary policy implementation in the 20th century 8. From the old to the new view on monetary policy implementation

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