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requirements ( i.e. deposits ) with the central bank , central bank can set the interest rate on its loans to
requirements ( i.e. deposits ) with the central bank , central bank can set the interest rate on its loans to
Last Update: 2011-10-23
Usage Frequency: 1
Quality:
consider a situation whereby the short-term market interest rate paid on bank deposits or a government interest rate on alternative investment opportunities is the opportunity cost of holding banknotes .
consider a situation whereby the short-term market interest rate paid on bank deposits or a government interest rate on alternative investment opportunities is the opportunity cost of holding banknotes .
Last Update: 2011-10-23
Usage Frequency: 1
Quality:
t h e ro l e o f « s t i c k y « p r i c e s as explained in more detail in box 3.2 , the ex ante real interest rate is the real return which a certain over the maturity for which the interest rate is fixed .
t h e ro l e o f « s t i c k y « p r i c e s as explained in more detail in box 3.2 , the ex ante real interest rate is the real return which a certain over the maturity for which the interest rate is fixed .
Last Update: 2011-10-23
Usage Frequency: 1
Quality:
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