The Adoption of Indirect Instruments of Monetary Policy
Occasional Papers, July 6, 1995
Source details
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- The Adoption of Indirect Instruments of Monetary Policy
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Bibliographic details
- Authors: Tomás J. T. Baliño, Charles Enoch, William E. Alexander
- Published: July 6, 1995
- Series: Occasional Papers
- DOI: https://doi.org/10.5089/9781557754899.084
Summary and scope
- This paper examines the experience of implementing indirect instruments of monetary policy.
- The experiences of country studies illustrate the variety of circumstances under which indirect instruments of monetary policy have been introduced.
- Case Studies are presented for Chile, Egypt, Ghana, Indonesia, Mexico, New Zealand, and Poland.
- Publication date: July 6, 1995.
- Authors: Tomás J. T. Baliño, Charles Enoch, William E. Alexander (paper headed by William E. Alexander, Tomas J. T. Balino, and Charles Enoch and comprising Francesco Caramazza, George Iden, David Marston, Johannes Mueller, Ceyla Pazarbasioglu, Marc Quintyn, Matthew Saal, and Gabriel Sensenbrenner).
Major thematic coverage
- Examination of indirect instruments of monetary policy and their implementation across different country contexts.
- Illustration of variety in circumstances and institutional settings for adopting indirect monetary instruments.
- Country focus: Chile; Egypt; Ghana; Indonesia; Mexico; New Zealand; Poland.
Subjects and keywords
- Subjects: Banking, Central banks, Commercial banks, Credit, Financial institutions, Monetary policy, Monetary policy instruments, Money, Open market operations, Treasury bills and bonds.
- Keywords: Caribbean, Central and Eastern Europe, Commercial banks, country sample, Credit, encouragement of bank competition, Europe, government securities market, insulation of monetary policy, issue, market, Middle East, monetary management, Monetary policy instruments, North America, OP, Open market operations, overview, part, part II, restructuring of the banking system, Treasury bills and bonds, Western Europe.