Zobrazeno 1 - 10
of 16
pro vyhledávání: '"Veyrune, Romain"'
Autor:
COMBES, Jean-Louis, VEYRUNE, Romain
Publikováno v:
Revue d'économie financière, 2004 Jan 01(75), 55-69.
Externí odkaz:
https://www.jstor.org/stable/42905267
Autor:
VEYRUNE, Romain
Publikováno v:
Revue d'économie financière, 2004 Jan 01(75), 71-84.
Externí odkaz:
https://www.jstor.org/stable/42905268
This paper introduces a theoretical framework for liquidity management under fixed exchange rate arrangement, derived from the price-specie flow mechanism of David Hume. The framework highlights that the risk of short-term money market rates un-ancho
Based on the experience of the Bank of Albania, the paper proposes a framework to estimate the interest rate lower bound in small, open, and euroized economies. The paper introduces a stylized monitoring tool to assess the unintended consequences of
This paper proposes a methodology to develop empirically based and theoretically consistent deeuroization policies. It is derived from the experience of Albania. The paper is the first attempt to provide an empirical measure of the optimal level of e
This paper models the relationship between short-term rates and excess reserves in an interest rate corridor as a logistic function estimated for the Eurosystem. The estimate helps to identify conditions in which short-term rates become unanchored, t