Central bank forecasts of liquidity factors and the control of short term interest rates
A simple model of the interaction between central bank liquidity management and the inter-bank overnight rate is suggested, which allows analysing the publication offorecasts of liquidity factors by the European Central Bank adopted in June 2000. The paper argues that the main practical advantage of...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2002-03-01
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| Series: | PSL Quarterly Review |
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| Online Access: | http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9902/9784 |