COLLATERAL FRAMEWORKS

THE OPEN SECRET OF CENTRAL BANKS

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327 pages 2017

About This Book

"Central bank collateral frameworks are an often overlooked feature of monetary policy that play a key role in the monetary and financial system. Readers will discover how central banks conduct and implement monetary policy beyond merely setting interest rates, and develop their understanding as to how collateral policies may affect financial markets, financial stability, and the real economy"--

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