Identifying a liquidity effect in the Japanese interbank market

International Economic Review

Volumn 42, Issue 2, 2001, Pages 287-316

  Hayashi, Fumio ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0039145620     PISSN: 00206598     EISSN: None     Source Type: Journal    
DOI: 10.1111/1468-2354.00111     Document Type: Article

References (9)

1. AKHTAR, M. A., "Understanding Open Market Operations," available from the Website of the Federal Reserve Bank of New York, 1997.
2. FEINMAN, J. "Estimating the Open Market Desk's Daily Reaction Function," Journal of Money, Credit, and Banking 25 (1993), 231-47.
3. FURFINE, C., "Interbank Payments and the Daily Federal Funds Rate," Journal of Monetary Economics 46 (2000), 535-53.
4. HAMILTON, J., "The Daily Market for Federal Funds," Journal of Political Economy 55 (1996), 26-56.
5. _, "Measuring the Liquidity Effect," American Economic Review 87 (1997), 80-97.
6. HAYASHI, F., "On the Liquidity Effect in the Japanese Interbank Market for Overnight Loans," Bank of Japan Monetary and Economic Studies (forthcoming, 2000a) (in Japanese).
7. _, Econometrics, (Princeton, NJ: Princeton University Press, 2000).
8. MIYANOYA, A., "A Guide to Bank of Japan's Market Operations," Working Paper 00-E-3, Financial Markets Department, Bank of Japan, 2000.
9. OKINA, K., Monetary Policy (Toyo Keizai Shimposha, 1993) (in Japanese).