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Monetary Instruments and their Use During the Transition From a Centrally Planned to a Market Economy

Monetary Instruments and their Use During the Transition From a Centrally Planned to a Market Economy »

Source: Monetary Instruments and their Use During the Transition From a Centrally Planned to a Market Economy

Volume/Issue: 1993/87

Series: IMF Working Papers

Author(s): Paul Hilbers

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1993

ISBN: 9781451850949

Keywords: central bank, banking, monetary policy, banking sector, reserve requirements

This paper discusses different instruments of monetary policy, and in particular the choice between direct and indirect instruments. It identifies the main characteristics of a country’s financial system tha...

Monetary Instruments and their Use During the Transition From a Centrally Planned to a Market Economy

Monetary Instruments and their Use During the Transition From a Centrally Planned to a Market Economy »

Volume/Issue: 1993/87

Series: IMF Working Papers

Author(s): Paul Hilbers

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1993

DOI: http://dx.doi.org/10.5089/9781451850949.001

ISBN: 9781451850949

Keywords: central bank, banking, monetary policy, banking sector, reserve requirements

This paper discusses different instruments of monetary policy, and in particular the choice between direct and indirect instruments. It identifies the main characteristics of a country’s financial system tha...