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This paper analyzes monetary policy in transition. It examines the dynamics of monetary policy in...

The buffer stock role of absorbing temporary discrepancies between purchases and sales is...

This Selected Issues paper and Statistical Annex analyzes the inflation and monetary policy in...

The stickiness of bank lending rates with respect to money market rates is often regarded as an...

This paper analyzes the demand for narrow money balances in the Netherlands. Demand for narrow...

Error correction models of the demand for a range of monetary aggregates in China are estimated...