Central bank haircut policy

DOI10.1007/S10436-010-0171-5zbMATH Open1219.91095OpenAlexW2114581061MaRDI QIDQ635964FDOQ635964

Miguel Molico, Jonathan Chiu, James Chapman

Publication date: 25 August 2011

Published in: Annals of Finance (Search for Journal in Brave)

Full work available at URL: https://www.bankofcanada.ca/wp-content/uploads/2010/10/wp10-23.pdf

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zbMATH Keywords

collateralliquiditymonetary policysearch theorycentral bankhaircut

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• Money, credit and banking
• A dynamic model of settlement
• Why does overnight liquidity cost more than intraday liquidity?
• Monetary policy implementation frameworks: a comparative analysis

Cited In (3)

• Asset prices and standing facilities in a monetary economy
• Interbank loans, collateral and modern monetary policy
• Optimal monetary policy in a collateralized economy

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