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Central bank and government debt management: issues for monetary policy

In: Fiscal policy, public debt and monetary policy in emerging market economies

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  • Andrew Filardo
  • Madhusudan Mohanty
  • Ramon Moreno

Abstract

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Suggested Citation

  • Andrew Filardo & Madhusudan Mohanty & Ramon Moreno, 2012. "Central bank and government debt management: issues for monetary policy," BIS Papers chapters, in: Bank for International Settlements (ed.), Fiscal policy, public debt and monetary policy in emerging market economies, volume 67, pages 51-71, Bank for International Settlements.
  • Handle: RePEc:bis:bisbpc:67-04
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    File URL: http://www.bis.org/publ/bppdf/bispap67d_rh.pdf
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    References listed on IDEAS

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    1. Arvind Krishnamurthy & Annette Vissing-Jorgensen, 2011. "The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 42(2 (Fall)), pages 215-287.
    2. Aaron Mehrotra, 2012. "On the use of sterilisation bonds in emerging Asia," BIS Papers chapters, in: Bank for International Settlements (ed.), Are central bank balance sheets in Asia too large?, volume 66, pages 111-131, Bank for International Settlements.
    3. Lex Hoogduin & Bahar Öztürk & Peter Wierts, 2011. "Public Debt Managers' Behaviour Interactions with Macro Policies," Revue économique, Presses de Sciences-Po, vol. 62(6), pages 1105-1122.
    4. M S Mohanty & Philip Turner, 2006. "Foreign exchange reserve accumulation in emerging markets: what are the domestic implications?," BIS Quarterly Review, Bank for International Settlements, September.
    5. Jack Meaning & Feng Zhu, 2011. "The impact of recent central bank asset purchase programmes," BIS Quarterly Review, Bank for International Settlements, December.
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    Citations

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    Cited by:

    1. Blaise Gadanecz & Ken Miyajima & Jörg Urban, 2014. "How might EME central banks respond to the influence of global monetary factors?," BIS Papers chapters, in: Bank for International Settlements (ed.), The transmission of unconventional monetary policy to the emerging markets, volume 78, pages 45-69, Bank for International Settlements.
    2. Galloppo, Giuseppe & Paimanova, Viktoriia, 2017. "The impact of monetary policy on BRIC markets asset prices during global financial crises," The Quarterly Review of Economics and Finance, Elsevier, vol. 66(C), pages 21-49.
    3. Bank for International Settlements, 2013. "Market volatility and foreign exchange intervention in EMEs: what has changed?," BIS Papers, Bank for International Settlements, number 73, December.
    4. Tortorice, Daniel L. & Bloom, David E. & Kirby, Paige & Regan, John, 2020. "A Theory of Social Impact Bonds," IZA Discussion Papers 13431, Institute of Labor Economics (IZA).
    5. Aaron Mehrotra, 2012. "On the use of sterilisation bonds in emerging Asia," BIS Papers chapters, in: Bank for International Settlements (ed.), Are central bank balance sheets in Asia too large?, volume 66, pages 111-131, Bank for International Settlements.
    6. Madhusudan Mohanty, 2013. "Market volatility and foreign exchange intervention in EMEs: what has changed?," BIS Papers chapters, in: Bank for International Settlements (ed.), Sovereign risk: a world without risk-free assets?, volume 73, pages 01-10, Bank for International Settlements.
    7. Mr. Simon T Gray & Ms. Runchana Pongsaparn, 2015. "Issuance of Central Bank Securities: International Experiences and Guidelines," IMF Working Papers 2015/106, International Monetary Fund.
    8. Shodiya Olayinka Abideen & Sanyaolu Wasiu Abiodun & Ojenike Joseph Olushola & Ogunmefun Gbadebo Tirimisiyu, 2019. "Shareholder Wealth Maximization and Investment Decisions of Nigerian Food and Beverage Companies," Acta Universitatis Sapientiae, Economics and Business, Sciendo, vol. 7(1), pages 47-63, December.
    9. Ken Miyajima & Madhusudan Mohanty & James Yetman, 2014. "Spillovers of US unconventional monetary policy to Asia: the role of long-term interest rates," BIS Working Papers 478, Bank for International Settlements.
    10. Eric Monnet & Miklos Vari, 2019. "Liquidity Ratios as Monetary Policy Tools: Some Historical Lessons for Macroprudential Policy," IMF Working Papers 2019/176, International Monetary Fund.
    11. Stephen Vajs, 2014. "Government debt issuance: issues for central banks," BIS Papers chapters, in: Bank for International Settlements (ed.), The role of central banks in macroeconomic and financial stability, volume 76, pages 29-46, Bank for International Settlements.
    12. Blaise Gadanecz & Aaron Mehrotra & Madhusudan S Mohanty, 2014. "Foreign exchange intervention and the banking system balance sheet in emerging market economies," BIS Working Papers 445, Bank for International Settlements.

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