Modeling the open market operations of the Bangko Sentral ng Pilipinas for use in the conduct of monetary policy analysis

• المؤلف الرئيسي: Torreja, Magno Luna, Jr.
• التنسيق: text
• اللغة: English
• منشور في: Animo Repository 1999
• الموضوعات: Open market operations; Monetary policy; Money supply; Banks and banking; Business Administration, Management, and Operations
• الوصول للمادة أونلاين: https://animorepository.dlsu.edu.ph/etd_doctoral/907
• المؤسسة: De La Salle University

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...