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Changes in the Liquidity Effect Over Time: Evidence from Four Monetary Policy Regimes

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  • Dawid J. van Lill

Abstract

Monetary policy, post Bretton Woods, saw the emergence of the short-term interest rate as the primary policy instrument. However, in the wake of the financial crisis, balance sheets have, again, become part the monetary policy toolkit, now empowered to perform more than an automated role in policymaking. The present-day incarnation of balance sheet policy differs […]

Suggested Citation

  • Dawid J. van Lill, 2018. "Changes in the Liquidity Effect Over Time: Evidence from Four Monetary Policy Regimes," Working Papers 135, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:135
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    File URL: https://econrsa.org/wp-content/uploads/2022/06/research_brief_135.pdf
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    Cited by:

    1. Olatayo, Kunle Ibukun & Wichers, J. Harry & Stoker, Piet W., 2018. "Energy and economic performance of small wind energy systems under different climatic conditions of South Africa," Renewable and Sustainable Energy Reviews, Elsevier, vol. 98(C), pages 376-392.

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