It stands for liquidity-based microprudential and macroprudential instruments; a type of microprudential and macroprudential instruments (MPIs) that impacts a bank's...

A type of credit channel that reflects the direct effect of a policy induced change in a central bank's policy...

The mechanism by which changes to monetary policy made by a central bank (i.e., policy- induced changes) are transmitted (i.e.,...

The mechanism by which changes to monetary policy made by a central bank (i.e., policy- induced changes) are transmitted (i.e.,...

It stands for credit easing; a set of "unconventional" monetary policy tools whereby a central bank or monetary agency can...

A set of "unconventional" monetary policy tools whereby a central bank or monetary agency can aim to provide more credit...

The notion that monetary policy affects the level of economic activity in a country not only by adjusting short-term interest...

It stands for central bank policy rate; a short-term interest rate, often an overnight rate, that banks charge one another...

A short-term interest rate, often an overnight rate, that banks charge one another for funds borrowed over short periods of...

A short-term interest rate, often an overnight rate, that banks charge one another for funds borrowed over short periods of...