Monetary Transmission and Asset - Liability management by financial institutions in transitional economies - implications for czech monetary policy

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Derviz, Alexis; (2000)
  • Publisher: Česká národní banka
  • Subject: monetární politika; makroekonomie; aktiva; Czech national bank; finanční instituce

The paper deals with the transmission of monetary policy within the financial sector. The objective is to link an optimizing stochastic model of portfolio decisions by a representative financial institution with a number of features that this optimizing behavior implies... View more
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