Matches in SemOpenAlex for { <https://semopenalex.org/work/W2890819986> ?p ?o ?g. }
Showing items 1 to 61 of
61
with 100 items per page.
- W2890819986 endingPage "61" @default.
- W2890819986 startingPage "42" @default.
- W2890819986 abstract "After the Bank of Russia had switched to inflation targeting, its key rate became the main instrument of monetary policy. Based on the experience of both developed and developing countries, the authors conclude that besides regulating the key interest rate monetary authorities have a wide range of interest rate policy instruments. By regulating the width of the interest rate corridor and the location of the key rate within the corridor, monetary authorities get the opportunity to manage not only the level of the target interest rate and its volatility, but also to influence transnational capital flows. Interest rate instruments known since early 1990s were widely used by inflationtargeting monetary authorities during the crisis of 2008–2009 and the post-crisis period, when many of them experienced an increase of short-term foreign capital inflows and exchange rate volatility, which entailed increased risks for price and financial stability. The authors also confirm the significant role of such a traditional instrument of monetary policy as required reserves. Monetary authorities of developing countries use them to regulate monetary conditions in order to eliminate imbalances in the structure of credit organizations’ liabilities and, first of all, for the purpose of dedollarization and stimulation of the attractiveness of long-term deposits in national currency. According to the authors, widening the spectrum of interest rate instruments used by the regulator will help increase the flexibility and effectiveness of the Bank of Russia’s monetary policy." @default.
- W2890819986 created "2018-09-27" @default.
- W2890819986 creator A5023020861 @default.
- W2890819986 creator A5027348488 @default.
- W2890819986 creator A5077055184 @default.
- W2890819986 date "2018-01-01" @default.
- W2890819986 modified "2023-09-26" @default.
- W2890819986 title "Scope of Interest Rate Policy of Central Banks" @default.
- W2890819986 doi "https://doi.org/10.18288/1994-5124-2018-4-03" @default.
- W2890819986 hasPublicationYear "2018" @default.
- W2890819986 type Work @default.
- W2890819986 sameAs 2890819986 @default.
- W2890819986 citedByCount "2" @default.
- W2890819986 countsByYear W28908199862021 @default.
- W2890819986 countsByYear W28908199862022 @default.
- W2890819986 crossrefType "journal-article" @default.
- W2890819986 hasAuthorship W2890819986A5023020861 @default.
- W2890819986 hasAuthorship W2890819986A5027348488 @default.
- W2890819986 hasAuthorship W2890819986A5077055184 @default.
- W2890819986 hasBestOaLocation W28908199861 @default.
- W2890819986 hasConcept C10138342 @default.
- W2890819986 hasConcept C126285488 @default.
- W2890819986 hasConcept C144133560 @default.
- W2890819986 hasConcept C162324750 @default.
- W2890819986 hasConcept C175025494 @default.
- W2890819986 hasConcept C199360897 @default.
- W2890819986 hasConcept C2778012447 @default.
- W2890819986 hasConcept C2992735868 @default.
- W2890819986 hasConcept C41008148 @default.
- W2890819986 hasConcept C556758197 @default.
- W2890819986 hasConceptScore W2890819986C10138342 @default.
- W2890819986 hasConceptScore W2890819986C126285488 @default.
- W2890819986 hasConceptScore W2890819986C144133560 @default.
- W2890819986 hasConceptScore W2890819986C162324750 @default.
- W2890819986 hasConceptScore W2890819986C175025494 @default.
- W2890819986 hasConceptScore W2890819986C199360897 @default.
- W2890819986 hasConceptScore W2890819986C2778012447 @default.
- W2890819986 hasConceptScore W2890819986C2992735868 @default.
- W2890819986 hasConceptScore W2890819986C41008148 @default.
- W2890819986 hasConceptScore W2890819986C556758197 @default.
- W2890819986 hasIssue "4" @default.
- W2890819986 hasLocation W28908199861 @default.
- W2890819986 hasOpenAccess W2890819986 @default.
- W2890819986 hasPrimaryLocation W28908199861 @default.
- W2890819986 hasRelatedWork W1542283356 @default.
- W2890819986 hasRelatedWork W2021772736 @default.
- W2890819986 hasRelatedWork W2125893020 @default.
- W2890819986 hasRelatedWork W2373478048 @default.
- W2890819986 hasRelatedWork W2908268513 @default.
- W2890819986 hasRelatedWork W2956113564 @default.
- W2890819986 hasRelatedWork W3123960653 @default.
- W2890819986 hasRelatedWork W3124600973 @default.
- W2890819986 hasRelatedWork W3195808110 @default.
- W2890819986 hasRelatedWork W4206322444 @default.
- W2890819986 hasVolume "13" @default.
- W2890819986 isParatext "false" @default.
- W2890819986 isRetracted "false" @default.
- W2890819986 magId "2890819986" @default.
- W2890819986 workType "article" @default.