| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w18409 |
| 来源ID | Working Paper 18409 |
| The Macroeconomic Effects of Interest on Reserves | |
| Peter N. Ireland | |
| 发表日期 | 2012-09-21 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | This paper uses a New Keynesian model with banks and deposits to study the macroeconomic effects of policies that pay interest on reserves. While their effects on output and inflation are small, these policies require major adjustments in the way that the monetary authority manages the supply of reserves, as liquidity effects vanish in the short run. In the long run, however, the additional degree of freedom the monetary authority acquires by paying interest on reserves is best described as affecting the real quantity of reserves: policy actions that change prices must still change the nominal quantity of reserves proportionally. |
| 主题 | Macroeconomics ; Business Cycles ; Monetary Policy |
| URL | https://www.nber.org/papers/w18409 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576085 |
| 推荐引用方式 GB/T 7714 | Peter N. Ireland. The Macroeconomic Effects of Interest on Reserves. 2012. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w18409.pdf（562KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [Peter N. Ireland]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [Peter N. Ireland]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [Peter N. Ireland]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
