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Treasury Bills and Central Bank Bills for Monetary Policy

โœ Scribed by Yi, Junesuh


Book ID
121507547
Publisher
Elsevier
Year
2014
Tongue
English
Weight
166 KB
Volume
109
Category
Article
ISSN
1877-0428

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โœ Giuseppe Tullio; Vitaly Natarov ๐Ÿ“‚ Article ๐Ÿ“… 1999 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 205 KB

This paper presents estimates of a daily reaction function of the Central Bank of Russia for the period 1 October 1996 -1 October 1997. The dependent variable is daily purchases/sales of the Bank in the Treasury bill market. The short run objectives of the Bank identified are the avoidance of excess