Interest on reserves and monetary policy of targeting both interest rate and money supply
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More about this item
Keywords
interest on reserves; negative interest on reserves; forward guidance; monetary base; endogenous money supply;JEL classification:
- E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
- E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ALL-2017-10-01 (All new papers)
- NEP-CBA-2017-10-01 (Central Banking)
- NEP-DGE-2017-10-01 (Dynamic General Equilibrium)
- NEP-MAC-2017-10-01 (Macroeconomics)
- NEP-MON-2017-10-01 (Monetary Economics)
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