Browsing by Author "Abbassi, Puriya"

Now showing items 1-2 of 2

2009-12-09Buch

Interest Rate Dynamics and Monetary Policy Implementation in Switzerland

Abbassi, Puriya; Nautz, Dieter; Offermanns, Christian J.

The maturity of the operational target of monetary policy is a distinguishing feature of the SNB's operational framework of monetary policy. While most central banks use targets for the overnight rate to signal the ...
2010-03-19Buch

Monetary Transmission Right from the Start

The (Dis)Connection Between the Money Market and the ECB’s Main Refinancing Rates

Abbassi, Puriya; Nautz, Dieter

The relation between the ECB’s main refinancing (MRO) rates and the money market is key for the monetary transmission process in the euro area. This paper investigates how money market rates respond to the new information ...