Hidden Bibliographic Details
| Other authors / contributors: | Cosimano, Thomas F.
International Monetary Fund.
IMF Institute.
|
|---|
| ISBN: | 1451902158
9781451902150
1462315577
9781462315574
1452783500
9781452783505
1282110160
9781282110168
9786613803054
6613803057
|
|---|
| Notes: | Includes bibliographical references (pages 40-47).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
|
|---|
| Summary: | The typical portrait of monetary policy has the banks and the money supply being manipulated through changes in bank reserves. However, with only a small portion of bank deposits now subject to reserve requirements, an alternative explanation of how monetary policy influences banks is needed. Over the last decade, capital requirements have effectively replaced reserve requirements as the main constraint on the behavior of banks. This paper explores the implications of Basel capital requirements for monetary policy. In particular, we identify a "bank balance-sheet channel" of monetary policy, which operates through the impact on the money stock and the economy
|
|---|
| Other form: | Print version: Chami, Ralph. Monetary policy with a touch of Basel. [Washington, D.C.] : International Monetary Fund, IMF Institute, ©2001
|
|---|
| Standard no.: | 10.5089/9781451902150.001
|
|---|
