Matches in SemOpenAlex for { <https://semopenalex.org/work/W3203574315> ?p ?o ?g. }
- W3203574315 abstract "Since the financial crisis, major central banks have introduced negative interest rates with the help of tiered reserve remuneration. We theoretically and empirically investigate monetary policy implementation via reserve tiering using a unique bank-level dataset from Switzerland. We find that reserve tiering can successfully be used to steer short-term interest rates. Furthermore, reserve tiering helps maintain sufficient activity in the interbank market, which is key for financial stability and reliable interest rate benchmarks. Due to frictions such as collateral constraints, trading costs, and window dressing around regulatory reporting dates, not only the aggregate level of reserves but also the reserve distribution matters for monetary policy implementation." @default.
- W3203574315 created "2021-10-11" @default.
- W3203574315 creator A5014079156 @default.
- W3203574315 creator A5041251815 @default.
- W3203574315 creator A5071793352 @default.
- W3203574315 creator A5079627939 @default.
- W3203574315 date "2021-01-01" @default.
- W3203574315 modified "2023-09-27" @default.
- W3203574315 title "Reserve tiering and the interbank market" @default.
- W3203574315 cites W1427929501 @default.
- W3203574315 cites W1523680688 @default.
- W3203574315 cites W1559496943 @default.
- W3203574315 cites W1929539829 @default.
- W3203574315 cites W1930343001 @default.
- W3203574315 cites W1996106252 @default.
- W3203574315 cites W2056835406 @default.
- W3203574315 cites W2072696699 @default.
- W3203574315 cites W2131983623 @default.
- W3203574315 cites W2157618223 @default.
- W3203574315 cites W2158174346 @default.
- W3203574315 cites W2171630715 @default.
- W3203574315 cites W2194573570 @default.
- W3203574315 cites W2556721865 @default.
- W3203574315 cites W2565851248 @default.
- W3203574315 cites W2602948130 @default.
- W3203574315 cites W2757016612 @default.
- W3203574315 cites W2768971199 @default.
- W3203574315 cites W2792893227 @default.
- W3203574315 cites W2793793724 @default.
- W3203574315 cites W2802926793 @default.
- W3203574315 cites W2891551143 @default.
- W3203574315 cites W2967356638 @default.
- W3203574315 cites W3022821544 @default.
- W3203574315 cites W3023906401 @default.
- W3203574315 cites W3092524962 @default.
- W3203574315 cites W3121168636 @default.
- W3203574315 cites W3121299482 @default.
- W3203574315 cites W3122292385 @default.
- W3203574315 cites W3123451447 @default.
- W3203574315 cites W3123722119 @default.
- W3203574315 cites W3125035246 @default.
- W3203574315 cites W3125742859 @default.
- W3203574315 cites W3164434502 @default.
- W3203574315 cites W3167011562 @default.
- W3203574315 hasPublicationYear "2021" @default.
- W3203574315 type Work @default.
- W3203574315 sameAs 3203574315 @default.
- W3203574315 citedByCount "0" @default.
- W3203574315 crossrefType "posted-content" @default.
- W3203574315 hasAuthorship W3203574315A5014079156 @default.
- W3203574315 hasAuthorship W3203574315A5041251815 @default.
- W3203574315 hasAuthorship W3203574315A5071793352 @default.
- W3203574315 hasAuthorship W3203574315A5079627939 @default.
- W3203574315 hasConcept C10138342 @default.
- W3203574315 hasConcept C126285488 @default.
- W3203574315 hasConcept C144133560 @default.
- W3203574315 hasConcept C150149615 @default.
- W3203574315 hasConcept C162324750 @default.
- W3203574315 hasConcept C174106034 @default.
- W3203574315 hasConcept C175025494 @default.
- W3203574315 hasConcept C23952128 @default.
- W3203574315 hasConcept C2777488495 @default.
- W3203574315 hasConcept C2777910564 @default.
- W3203574315 hasConcept C29185160 @default.
- W3203574315 hasConcept C2992337254 @default.
- W3203574315 hasConcept C2992735868 @default.
- W3203574315 hasConcept C556758197 @default.
- W3203574315 hasConcept C73283319 @default.
- W3203574315 hasConceptScore W3203574315C10138342 @default.
- W3203574315 hasConceptScore W3203574315C126285488 @default.
- W3203574315 hasConceptScore W3203574315C144133560 @default.
- W3203574315 hasConceptScore W3203574315C150149615 @default.
- W3203574315 hasConceptScore W3203574315C162324750 @default.
- W3203574315 hasConceptScore W3203574315C174106034 @default.
- W3203574315 hasConceptScore W3203574315C175025494 @default.
- W3203574315 hasConceptScore W3203574315C23952128 @default.
- W3203574315 hasConceptScore W3203574315C2777488495 @default.
- W3203574315 hasConceptScore W3203574315C2777910564 @default.
- W3203574315 hasConceptScore W3203574315C29185160 @default.
- W3203574315 hasConceptScore W3203574315C2992337254 @default.
- W3203574315 hasConceptScore W3203574315C2992735868 @default.
- W3203574315 hasConceptScore W3203574315C556758197 @default.
- W3203574315 hasConceptScore W3203574315C73283319 @default.
- W3203574315 hasLocation W32035743151 @default.
- W3203574315 hasOpenAccess W3203574315 @default.
- W3203574315 hasPrimaryLocation W32035743151 @default.
- W3203574315 hasRelatedWork W1482236656 @default.
- W3203574315 hasRelatedWork W1503984282 @default.
- W3203574315 hasRelatedWork W1520349321 @default.
- W3203574315 hasRelatedWork W1819070724 @default.
- W3203574315 hasRelatedWork W2108817744 @default.
- W3203574315 hasRelatedWork W2141115225 @default.
- W3203574315 hasRelatedWork W2233140747 @default.
- W3203574315 hasRelatedWork W2247697396 @default.
- W3203574315 hasRelatedWork W2360272717 @default.
- W3203574315 hasRelatedWork W2566748864 @default.
- W3203574315 hasRelatedWork W2763640674 @default.
- W3203574315 hasRelatedWork W2951587727 @default.
- W3203574315 hasRelatedWork W3121142275 @default.
- W3203574315 hasRelatedWork W3121797690 @default.