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Activities of district banks and their implications for monetary policy : hearing before the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-seventh Congress, second session, September 23, 1982
| Activities of district banks and their implications for monetary policy : hearing before the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-seventh Congress, second session, September 23, 1982 |
| Pubbl/distr/stampa | Washington : , : U.S. Government Printing Office, , 1982 |
| Descrizione fisica | 1 online resource (iii, 203 pages) |
| Soggetto topico |
Federal Reserve banks
Monetary policy - United States Open market operations - United States Monetary policy Open market operations |
| Soggetto genere / forma | Legislative hearings. |
| Formato | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Altri titoli varianti | Activities of district banks and their implications for monetary policy |
| Record Nr. | UNINA-9910713361603321 |
| Washington : , : U.S. Government Printing Office, , 1982 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Central Bank Collateral Frameworks : : Principles and Policies / / Rebecca McCaughrin, Simon Gray, Alexandre Chailloux
| Central Bank Collateral Frameworks : : Principles and Policies / / Rebecca McCaughrin, Simon Gray, Alexandre Chailloux |
| Autore | McCaughrin Rebecca |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
| Descrizione fisica | 1 online resource (69 pages) : illustrations (some color) |
| Disciplina | 332.11 |
| Altri autori (Persone) |
GraySimon
ChaillouxAlexandre |
| Collana |
IMF Working Papers
IMF working paper |
| Soggetto topico |
Banks and banking, Central
Financial crises Bank loans Risk management Liquidity (Economics) Banks and Banking Finance: General Investments: General Industries: Financial Services Banks Depository Institutions Micro Finance Institutions Mortgages Central Banks and Their Policies General Financial Markets: General (includes Measurement and Data) Portfolio Choice Investment Decisions Finance Banking Investment & securities Collateral Open market operations Securities Liquidity Loans Banks and banking Financial instruments Economics |
| ISBN |
1-4623-0029-4
1-4519-8627-0 1-4518-7080-9 9786612841736 1-282-84173-4 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Record Nr. | UNINA-9910788344803321 |
McCaughrin Rebecca
|
||
| Washington, D.C. : , : International Monetary Fund, , 2008 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Central Bank Collateral Frameworks : : Principles and Policies / / Rebecca McCaughrin, Simon Gray, Alexandre Chailloux
| Central Bank Collateral Frameworks : : Principles and Policies / / Rebecca McCaughrin, Simon Gray, Alexandre Chailloux |
| Autore | McCaughrin Rebecca |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
| Descrizione fisica | 1 online resource (69 pages) : illustrations (some color) |
| Disciplina | 332.11 |
| Altri autori (Persone) |
GraySimon
ChaillouxAlexandre |
| Collana |
IMF Working Papers
IMF working paper |
| Soggetto topico |
Banks and banking, Central
Financial crises Bank loans Risk management Liquidity (Economics) Banks and Banking Finance: General Investments: General Industries: Financial Services Banks Depository Institutions Micro Finance Institutions Mortgages Central Banks and Their Policies General Financial Markets: General (includes Measurement and Data) Portfolio Choice Investment Decisions Finance Banking Investment & securities Collateral Open market operations Securities Liquidity Loans Banks and banking Financial instruments Economics |
| ISBN |
1-4623-0029-4
1-4519-8627-0 1-4518-7080-9 9786612841736 1-282-84173-4 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover Page -- Title Page -- Copyright Page -- Contents -- I. Central Bank Operations and Collateral -- II. Central Bank Collateral Frameworks -- A. Collateral Policy Key Principles -- 1. The Real Bills Doctrine -- B. Modern Collateral Policies -- 2. A Mapping of Central Bank Collateral Frameworks -- 1. Mapping of Collateral Frameworks -- C. Bank Loans as Collateral -- D. Foreign Exchange Swaps and Securities as Collateral -- III. Collateral Policy and Adverse Selection -- A. Liquidity Demand and Collateral Impact in Time of Crisis -- 2. The Inverted Money Pyramid: Reserve Money Shock -- 3. The Inverted Money Pyramid: Funding Shock -- B. Adverse Selection Mechanisms and "Market Neutrality" -- 4. Eurosystem Collateral -- 3. Eurosystem Operations and Collateral Selection -- 5. Eurosystem Operations and Collateral Selection -- 6. Federal Reserve-Composition of Collateral -- 1. Federal Reserve Bank Short-Term OMO Collateral -- 2. Eurosystem Collateral Use vs. Availability 2007 -- 7. Euro-area Widening of Spreads -- IV. Dynamic Management of a Collateral Framework -- A. Merits of a Contra-cyclical Collateral Framework -- 8. Countercyclical Collateral Framework -- B. Central Bank Balance Sheet and Collateral Intensity -- C. The Case for Harmonized Collateral Frameworks -- V. Conclusions -- 1. Collateral and the 2007-08 Market Turmoil -- 2. United States Collateral Framework -- 9. Federal Reserve: Repo Collateral -- 10. Federal Reserve: Primary Credit Facility Collateral -- 3. Federal Reserve Bank Collateral Haircuts -- 3. The Eurosystem Collateral Framework -- 4. Eurosystem: Summary of Bank Loan Eligibility Criteria -- 5. Eurosystem: Haircut Schedule for Nonmarketable Collateral -- 11. Eurosystem Use of Bank Loans by Country before and after the Single List -- 4. United Kingdom Collateral Framework -- 6. Margin Ratios for Wider Collateral Pool.
4. Bank of England Concentration Limits -- 5. Bank of England Rules for Extended Collateral in 3-month OMOs -- 6. Bank of England Arrangements for Loans Secured Against Mortgages -- 5. Risk Control Measures (as of May 2008) -- References -- Footnotes. |
| Record Nr. | UNINA-9910816917603321 |
|
McCaughrin Rebecca
|
||
| Washington, D.C. : , : International Monetary Fund, , 2008 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Central Bank Response to the 2007–08 Financial Market Turbulence : : Experiences and Lessons Drawn / / Peter Stella, Seiichi Shimizu, Simon Gray, Ulrich Klueh, Alexandre Chailloux
| Central Bank Response to the 2007–08 Financial Market Turbulence : : Experiences and Lessons Drawn / / Peter Stella, Seiichi Shimizu, Simon Gray, Ulrich Klueh, Alexandre Chailloux |
| Autore | Stella Peter |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
| Descrizione fisica | 1 online resource (54 p.) |
| Disciplina | 332.11 |
| Altri autori (Persone) |
ShimizuSeiichi
GraySimon KluehUlrich ChaillouxAlexandre |
| Collana |
IMF Working Papers
IMF working paper |
| Soggetto topico |
Banks and banking, Central
Monetary policy Financial crises Banks and Banking Finance: General Money and Monetary Policy Industries: Financial Services Banks Depository Institutions Micro Finance Institutions Mortgages Central Banks and Their Policies Portfolio Choice Investment Decisions Monetary Policy Banking Finance Monetary economics Collateral Open market operations Liquidity Standing facilities Banks and banking Loans Economics |
| ISBN |
1-4623-8808-6
1-4527-2587-X 1-282-84161-0 1-4518-7068-X 9786612841613 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Contents; Glossary; Executive Summary; I. General Considerations; II. Uncertainties; A. Market Demand for Liquidity; B. Functioning of Liquidity Distribution Networks; C. Collateral: Adverse Selection and Gresham's Law; Figures; 1. Composition of Collateral-Federal Reserve; 2. Eligible Collateral by Asset Type, (LH) and Collateral Used (RH); 3. Composition of Collateral Used for Temporary Operations-Bank of Japan; D. Maturity Structure of Liquidity Demand; III. Analysis of Recent Developments; A. Liquidity Management; 4. Eurosystem Daily and Average Reserve Holdings
B. Distribution Networks and CounterpartiesBoxes; 1. Reserve Flexibility Through Target Bands in the United Kingdom; Tables; 1. Counterparty Arrangements; 2. Initial Participation in the Federal Reserve's Term Auction Facility; 2. The Term Auction Facility; C. Collateral; 3. European Central Bank Weekly Main Refinancing Operation Marginal Rate vs. Coincident Market Rates Before and After the Crisis; 4. Federal Reserve Bank Open Market Operations Collateral; D. Term Operations and Monetary Policy; 5. Total Domestic Portfolio; 6. A Structure of Overall Liquidity Provision by Type of Operation 7. Bank of England OMOs: Monthly Average Amount Outstanding Central Bank Repos (2007-2008)8. Term of Reserve Bank of Australia Repos 2007; 3. Changes in the Monetary Policy Stance since July 2007; E. Instruments "Stigma"; F. Cross-border Liquidity Provision: Does the Cross-Border Market Matter?; 9. U.S. Dollar Short-term Rates; 10. Spread Between Morning Rate and Federal Reserve Funds Target Rate; 11. Spread Between Federal Reserve Funds Effective Rate and Morning Rate; G. Innovations: Asset-based Operations (TSLF and SLS) and the PDCF; 5. Term Liquidity Bidders; IV. Exit Strategies V. ConclusionsA. Liquidity Management; B. Distribution Networks and Counterparties; C. Collateral; D. Term Operations and Monetary Policy; E. Stigma; F. Cross-border Liquidity; 13. Three-Month LIBOR to Overnight Index Swap Spreads; Appendixes; I. Chronology of Central Banks' Response to Financial Turmoil During 2007-08; 14. United States: Selected Federal Reserve Policy Actions and Term Funding Stress; 15. European Central Bank Main Refinancing Rate vs. Eurepo One Week and Euribor One Week; II. Detailed Chronology of Measures Taken by Central Banks; Reference |
| Record Nr. | UNINA-9910788345603321 |
|
Stella Peter
|
||
| Washington, D.C. : , : International Monetary Fund, , 2008 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Central Bank Response to the 2007–08 Financial Market Turbulence : : Experiences and Lessons Drawn / / Peter Stella, Seiichi Shimizu, Simon Gray, Ulrich Klueh, Alexandre Chailloux
| Central Bank Response to the 2007–08 Financial Market Turbulence : : Experiences and Lessons Drawn / / Peter Stella, Seiichi Shimizu, Simon Gray, Ulrich Klueh, Alexandre Chailloux |
| Autore | Stella Peter |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
| Descrizione fisica | 1 online resource (54 p.) |
| Disciplina | 332.11 |
| Altri autori (Persone) |
ShimizuSeiichi
GraySimon KluehUlrich ChaillouxAlexandre |
| Collana |
IMF Working Papers
IMF working paper |
| Soggetto topico |
Banks and banking, Central
Monetary policy Financial crises Banks and Banking Finance: General Money and Monetary Policy Industries: Financial Services Banks Depository Institutions Micro Finance Institutions Mortgages Central Banks and Their Policies Portfolio Choice Investment Decisions Monetary Policy Banking Finance Monetary economics Collateral Open market operations Liquidity Standing facilities Banks and banking Loans Economics |
| ISBN |
1-4623-8808-6
1-4527-2587-X 1-282-84161-0 1-4518-7068-X 9786612841613 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Contents; Glossary; Executive Summary; I. General Considerations; II. Uncertainties; A. Market Demand for Liquidity; B. Functioning of Liquidity Distribution Networks; C. Collateral: Adverse Selection and Gresham's Law; Figures; 1. Composition of Collateral-Federal Reserve; 2. Eligible Collateral by Asset Type, (LH) and Collateral Used (RH); 3. Composition of Collateral Used for Temporary Operations-Bank of Japan; D. Maturity Structure of Liquidity Demand; III. Analysis of Recent Developments; A. Liquidity Management; 4. Eurosystem Daily and Average Reserve Holdings
B. Distribution Networks and CounterpartiesBoxes; 1. Reserve Flexibility Through Target Bands in the United Kingdom; Tables; 1. Counterparty Arrangements; 2. Initial Participation in the Federal Reserve's Term Auction Facility; 2. The Term Auction Facility; C. Collateral; 3. European Central Bank Weekly Main Refinancing Operation Marginal Rate vs. Coincident Market Rates Before and After the Crisis; 4. Federal Reserve Bank Open Market Operations Collateral; D. Term Operations and Monetary Policy; 5. Total Domestic Portfolio; 6. A Structure of Overall Liquidity Provision by Type of Operation 7. Bank of England OMOs: Monthly Average Amount Outstanding Central Bank Repos (2007-2008)8. Term of Reserve Bank of Australia Repos 2007; 3. Changes in the Monetary Policy Stance since July 2007; E. Instruments "Stigma"; F. Cross-border Liquidity Provision: Does the Cross-Border Market Matter?; 9. U.S. Dollar Short-term Rates; 10. Spread Between Morning Rate and Federal Reserve Funds Target Rate; 11. Spread Between Federal Reserve Funds Effective Rate and Morning Rate; G. Innovations: Asset-based Operations (TSLF and SLS) and the PDCF; 5. Term Liquidity Bidders; IV. Exit Strategies V. ConclusionsA. Liquidity Management; B. Distribution Networks and Counterparties; C. Collateral; D. Term Operations and Monetary Policy; E. Stigma; F. Cross-border Liquidity; 13. Three-Month LIBOR to Overnight Index Swap Spreads; Appendixes; I. Chronology of Central Banks' Response to Financial Turmoil During 2007-08; 14. United States: Selected Federal Reserve Policy Actions and Term Funding Stress; 15. European Central Bank Main Refinancing Rate vs. Eurepo One Week and Euribor One Week; II. Detailed Chronology of Measures Taken by Central Banks; Reference |
| Record Nr. | UNINA-9910825895203321 |
|
Stella Peter
|
||
| Washington, D.C. : , : International Monetary Fund, , 2008 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Challenges to Monetary Policy from Financial Globalization : : The Case of India / / Ananthakrishnan Prasad, Charles Kramer, Hélène Poirson
| Challenges to Monetary Policy from Financial Globalization : : The Case of India / / Ananthakrishnan Prasad, Charles Kramer, Hélène Poirson |
| Autore | Prasad Ananthakrishnan |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
| Descrizione fisica | 1 online resource (45 p.) |
| Disciplina | 332.4954 |
| Altri autori (Persone) |
KramerCharles
PoirsonHélène |
| Collana |
IMF Working Papers
IMF working paper |
| Soggetto topico |
Monetary policy - India
Finance - India Globalization - India Banks and Banking Exports and Imports Foreign Exchange Banks Depository Institutions Micro Finance Institutions Mortgages International Investment Long-term Capital Movements Central Banks and Their Policies Banking Currency Foreign exchange International economics Exchange rates Capital inflows Open market operations Exchange rate arrangements Banks and banking Capital movements |
| ISBN |
1-4623-9212-1
1-4527-7733-0 1-4518-6990-8 1-282-84083-5 9786612840838 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Contents; I. Introduction; II. How Financially Globalized is India?; A. International Comparison; B. India's Globalization over Time; III. How Does Financial Globalization Affect the Monetary Environment?; IV. Possible Policy Responses; A. How Could Further Financial Globalization Affect Monetary Operations?; B. How Could Further Financial Globalization Affect Monetary Strategy?; Boxes; 1. India: Key Capital Account Restrictions; 2. Turkey; 3. Malaysia; Table; 1. Monetary Instruments in the Most Financially Globalized Countries; Figures; 1. Measures of Financial Openness
2. Measures of Capital Account Openness, 2000-05 3. Financial Openness and Policy Regime, 2000-06; 4. India: Capital Flows; 5a. India: Foreign Exchange Market; 5b. India: Monetary Conditions; 6. Measures of Volatility; 7a. Financial Operations and Exchange Rate Volatility, 2000-06; 7b. Financial Openness and Exchange Market Pressure Index, 2000-06; 8. Financial Openness and Volatility in Monetary Conditions Index, 2000-06; 9. Financial Openness and Volatility in Reserve Money, 2000-06; 10. Financial Openness and Correlation with U.S. Monetary Conditions Index, 2000-06 11a. Policy Regime, Financial Openness, and Volatility in Monetary Conditions Index, 2006-06 11b. Policy Regime and Foreign Exchange Market, 2000-06; 12. Capital Flows and Central Bank Transparency, 2000-05; Appendix; References |
| Record Nr. | UNINA-9910788237203321 |
|
Prasad Ananthakrishnan
|
||
| Washington, D.C. : , : International Monetary Fund, , 2008 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Challenges to Monetary Policy from Financial Globalization : : The Case of India / / Ananthakrishnan Prasad, Charles Kramer, Hélène Poirson
| Challenges to Monetary Policy from Financial Globalization : : The Case of India / / Ananthakrishnan Prasad, Charles Kramer, Hélène Poirson |
| Autore | Prasad Ananthakrishnan |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
| Descrizione fisica | 1 online resource (45 p.) |
| Disciplina | 332.4954 |
| Altri autori (Persone) |
KramerCharles
PoirsonHélène |
| Collana |
IMF Working Papers
IMF working paper |
| Soggetto topico |
Monetary policy - India
Finance - India Globalization - India Banks and Banking Exports and Imports Foreign Exchange Banks Depository Institutions Micro Finance Institutions Mortgages International Investment Long-term Capital Movements Central Banks and Their Policies Banking Currency Foreign exchange International economics Exchange rates Capital inflows Open market operations Exchange rate arrangements Banks and banking Capital movements |
| ISBN |
1-4623-9212-1
1-4527-7733-0 1-4518-6990-8 1-282-84083-5 9786612840838 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Contents; I. Introduction; II. How Financially Globalized is India?; A. International Comparison; B. India's Globalization over Time; III. How Does Financial Globalization Affect the Monetary Environment?; IV. Possible Policy Responses; A. How Could Further Financial Globalization Affect Monetary Operations?; B. How Could Further Financial Globalization Affect Monetary Strategy?; Boxes; 1. India: Key Capital Account Restrictions; 2. Turkey; 3. Malaysia; Table; 1. Monetary Instruments in the Most Financially Globalized Countries; Figures; 1. Measures of Financial Openness
2. Measures of Capital Account Openness, 2000-05 3. Financial Openness and Policy Regime, 2000-06; 4. India: Capital Flows; 5a. India: Foreign Exchange Market; 5b. India: Monetary Conditions; 6. Measures of Volatility; 7a. Financial Operations and Exchange Rate Volatility, 2000-06; 7b. Financial Openness and Exchange Market Pressure Index, 2000-06; 8. Financial Openness and Volatility in Monetary Conditions Index, 2000-06; 9. Financial Openness and Volatility in Reserve Money, 2000-06; 10. Financial Openness and Correlation with U.S. Monetary Conditions Index, 2000-06 11a. Policy Regime, Financial Openness, and Volatility in Monetary Conditions Index, 2006-06 11b. Policy Regime and Foreign Exchange Market, 2000-06; 12. Capital Flows and Central Bank Transparency, 2000-05; Appendix; References |
| Record Nr. | UNINA-9910812625603321 |
|
Prasad Ananthakrishnan
|
||
| Washington, D.C. : , : International Monetary Fund, , 2008 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
International currency portfolios [[electronic resource] /] / Michael Kumhof
| International currency portfolios [[electronic resource] /] / Michael Kumhof |
| Autore | Kumhof Michael |
| Pubbl/distr/stampa | [Washington, D.C.], : International Monetary Fund, 2009 |
| Descrizione fisica | 1 online resource (37 p.) |
| Collana | IMF working paper |
| Soggetto topico |
Fiscal policy
Open market operations |
| Soggetto genere / forma | Electronic books. |
| ISBN |
1-4623-3660-4
1-4527-3292-2 1-4518-7196-1 9786612842702 1-282-84270-6 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Contents; I. Introduction; II. The Model; A. Uncertainty; 1. Exogenous Processes; 2. Endogenous Processes; B. Households; C. Government; D. Equilibrium and Current Account; E. Interpretation of the Portfolio Share Equations; F. Equilibrium Diffusions; G. Computation of Equilibrium; H. Government Bond Market Interventions; III. The Baseline Economy; A. Calibration; B. Baseline Portfolio Equilibrium; IV. Comparing Alternative Economies; A. Standard Deviation of Monetary Shocks; B. Standard Deviation of Fiscal Shocks; C. Government Debt to GDP Ratios; V. Open Market Operations in Government Debt
VI. Conclusions Figures; 1. Household and Government Balance Sheets; 2. Effects of Money Supply Volatility, phi=phistar=1; 3. Effects of Money Supply Volatility, phi=phistar=0; 4. Effects of Government Spending Volatility, phi=phistar=1; 5. Effects of Government Debt, phi=phistar=1; 6. Home Open Market Operations, phi=phistar=1; 7. Home Open Market Operations, phi=phistar=0; 8. Home Open Market Operations, Large Gross FX Positions; References |
| Record Nr. | UNINA-9910464061103321 |
|
Kumhof Michael
|
||
| [Washington, D.C.], : International Monetary Fund, 2009 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
International Currency Portfolios / / Michael Kumhof
| International Currency Portfolios / / Michael Kumhof |
| Autore | Kumhof Michael |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
| Descrizione fisica | 1 online resource (37 p.) |
| Collana | IMF Working Papers |
| Soggetto topico |
Fiscal policy
Open market operations Banks and Banking Foreign Exchange Investments: Stocks Money and Monetary Policy Monetary Systems Standards Regimes Government and the Monetary System Payment Systems Open Economy Macroeconomics Central Banks and Their Policies Monetary Policy, Central Banking, and the Supply of Money and Credit: General Pension Funds Non-bank Financial Institutions Financial Instruments Institutional Investors Monetary economics Currency Foreign exchange Banking Investment & securities Currencies Exchange rates Monetary base Stocks Money Central banks Financial institutions Money supply |
| ISBN |
1-4623-3660-4
1-4527-3292-2 1-4518-7196-1 9786612842702 1-282-84270-6 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Contents; I. Introduction; II. The Model; A. Uncertainty; 1. Exogenous Processes; 2. Endogenous Processes; B. Households; C. Government; D. Equilibrium and Current Account; E. Interpretation of the Portfolio Share Equations; F. Equilibrium Diffusions; G. Computation of Equilibrium; H. Government Bond Market Interventions; III. The Baseline Economy; A. Calibration; B. Baseline Portfolio Equilibrium; IV. Comparing Alternative Economies; A. Standard Deviation of Monetary Shocks; B. Standard Deviation of Fiscal Shocks; C. Government Debt to GDP Ratios; V. Open Market Operations in Government Debt
VI. Conclusions Figures; 1. Household and Government Balance Sheets; 2. Effects of Money Supply Volatility, phi=phistar=1; 3. Effects of Money Supply Volatility, phi=phistar=0; 4. Effects of Government Spending Volatility, phi=phistar=1; 5. Effects of Government Debt, phi=phistar=1; 6. Home Open Market Operations, phi=phistar=1; 7. Home Open Market Operations, phi=phistar=0; 8. Home Open Market Operations, Large Gross FX Positions; References |
| Record Nr. | UNINA-9910788347903321 |
|
Kumhof Michael
|
||
| Washington, D.C. : , : International Monetary Fund, , 2009 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
International Currency Portfolios / / Michael Kumhof
| International Currency Portfolios / / Michael Kumhof |
| Autore | Kumhof Michael |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
| Descrizione fisica | 1 online resource (37 p.) |
| Disciplina | 338.49234 |
| Collana | IMF Working Papers |
| Soggetto topico |
Fiscal policy
Open market operations Banks and Banking Foreign Exchange Investments: Stocks Money and Monetary Policy Monetary Systems Standards Regimes Government and the Monetary System Payment Systems Open Economy Macroeconomics Central Banks and Their Policies Monetary Policy, Central Banking, and the Supply of Money and Credit: General Pension Funds Non-bank Financial Institutions Financial Instruments Institutional Investors Monetary economics Currency Foreign exchange Banking Investment & securities Currencies Exchange rates Monetary base Stocks Money Central banks Financial institutions Money supply |
| ISBN |
1-4623-3660-4
1-4527-3292-2 1-4518-7196-1 9786612842702 1-282-84270-6 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Contents; I. Introduction; II. The Model; A. Uncertainty; 1. Exogenous Processes; 2. Endogenous Processes; B. Households; C. Government; D. Equilibrium and Current Account; E. Interpretation of the Portfolio Share Equations; F. Equilibrium Diffusions; G. Computation of Equilibrium; H. Government Bond Market Interventions; III. The Baseline Economy; A. Calibration; B. Baseline Portfolio Equilibrium; IV. Comparing Alternative Economies; A. Standard Deviation of Monetary Shocks; B. Standard Deviation of Fiscal Shocks; C. Government Debt to GDP Ratios; V. Open Market Operations in Government Debt
VI. Conclusions Figures; 1. Household and Government Balance Sheets; 2. Effects of Money Supply Volatility, phi=phistar=1; 3. Effects of Money Supply Volatility, phi=phistar=0; 4. Effects of Government Spending Volatility, phi=phistar=1; 5. Effects of Government Debt, phi=phistar=1; 6. Home Open Market Operations, phi=phistar=1; 7. Home Open Market Operations, phi=phistar=0; 8. Home Open Market Operations, Large Gross FX Positions; References |
| Record Nr. | UNINA-9910825601903321 |
|
Kumhof Michael
|
||
| Washington, D.C. : , : International Monetary Fund, , 2009 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Soggetto topico
-
Open market operations
(15)
- Banking (11)
- Banks and Banking (11)
- Central Banks and Their Policies (11)
- Banks (8)