Journal Article
A comparison of monetary policy operating procedures in six industrial countries
Abstract: The institutional environments in which central banks operate have become more alike over the past decade. The author examines the monetary policy operating procedures of the Federal Reserve and central banks in Japan, Germany, the United Kingdom, Canada, and Switzerland. In particular, he compares how monetary authorities in different countries have adapted their reserve management techniques to lower reserve requirements.
Keywords: Monetary policy; Banks and banking, Central; Monetary policy - United States; Bank reserves;
Access Documents
File(s):
File format is text/html
https://www.newyorkfed.org/medialibrary/media/research/quarterly_review/1992v17/v17n2article2.pdf
Description: Full Text
Authors
Bibliographic Information
Provider: Federal Reserve Bank of New York
Part of Series: Quarterly Review
Publication Date: 1992
Volume: 17
Issue: Sum
Pages: 5-24