Front Matter
Author:
Mr. Manmohan Singh
Search for other papers by Mr. Manmohan Singh in
Current site
Google Scholar
Close
and
Mr. Peter Stella
Search for other papers by Mr. Peter Stella in
Current site
Google Scholar
Close

Front Matter Page

Research Department

Contents

  • I. Introduction

  • II. Money and the (Adjusted) Money Multiplier

  • III. Collateral

  • IV. Safe Assets and Treasury-bills—What Determines their Supply?

  • V. Collateral Chains

  • VI. Monetary Policy and Financial Lubrication

  • VII. Conclusion

  • References

  • Table

  • 1. Definition of Terms Used

  • Figure

  • 1. Monetary Base and Deposits at the Central Bank (1959-2011)

  • 2. U.S. Total Credit Market Assets (ratio to GDP)

  • 3. U.S. Ratio of Total US Financial Intermediaries Liabilities to Ultimate Liquidity

  • 4. Ratio of Total US Commercial Bank Liabilities to Ultimate Liquidity

  • 5. Ratio of Total US Nonbank Financial Intermediaries Liabilities to their holdings of C1

  • 6. Ratio of T-Bills/Total Issuance by U.S. Treasury Since 1982

  • 7. Bills/Total Issuance Relative to 10 year Yields minus 6-month Yields (1961-2011)

  • Annex

  • 1. Debt Management Strategy of U.S. Treasury since the 1960s

  • Collapse
  • Expand
Money and Collateral
Author:
Mr. Manmohan Singh
and
Mr. Peter Stella