余永定:美国联邦基金利息率的决定、传递机制和美联储升息的影响(9)
2024-01-13 来源:飞速影视
参考文献
1.https://www.chicagofed.org/publications/chicago-fed-letter/2018/395
2.Press Release, Bd. Of Governors of the Fed Reserve Says., Policy Normalization Principles and Plans (Sept. 17, 2014), https://www.federalreserve.gov/newsevents/pressreleases/monetary20140917c.htm [https://perma.cc/AVW3-H3FD
3.Board of Governors of the Federal Reserve System (US), Interest Rate on Reserve Balances [IORB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IORB, September 14, 2022.
4.Credit and Liquidity Programs and the Balance Sheet,Federal Reserve Board - Open market operations ,https://www.federalreserve.gov/monetarypolicy/bst_openmarketops.htm
5.1library.net/article/administered-rates-money-as-infrastructure.zx01lodz
6.在美联储进行逆回购时,对于参与回购活动的非银行金融机构来说,由于它们是证券购买方,因而它们进行的活动是我们所理解的“逆回购”( “reverse repurchase agreement” is a transaction where one party (a GSE, say) purchases a security from another (the Fed) with an agreement that the second party will repurchase it the following day)。见 Bill Nelson,The Overnight Reverse Repurchase Agreement Facility,April 30, 2021,Bank Policy Institute.
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