Informational efficiency, interest rate variability, and central bank operations /
Market-based instruments for the implementation of monetary policy have been adopted and refined during the last two decades in industrialized, developing and transition countries. Broad monetary aggregates are generally controlled only indirectly through intervention in money markets, and correspon...
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| Format: | Book |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund, Monetary and Exchange Affairs,
©1997
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| Series: | IMF working paper ;
WP/97/26 |
| Subjects: | |
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