Modeling the open market operations of the Bangko Sentral ng Pilipinas for use in the conduct of monetary policy analysis
In line with the mandate of the Bangko Sentral ng Pilipinas (BSP), the Bank specifically adopted a low and stable inflation rate (IR) as the ultimate target of monetary policy and used domestic liquidity or M3 and Reserve Money (RM) as the intermediate and operating targets, respectively. Monetary t...
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Main Author: | |
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Format: | text |
Language: | English |
Published: |
Animo Repository
1999
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Subjects: | |
Online Access: | https://animorepository.dlsu.edu.ph/etd_doctoral/907 |
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Institution: | De La Salle University |
Language: | English |