
Liquid Asset Ratios and Financial Sector Reform »
Journal Issue
Volume/Issue: 1997/144
Series: IMF Working Papers
Author(s): Anne Gulde
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 1997
DOI: http://dx.doi.org/10.5089/9781451856408.001
ISBN: 9781451856408
Keywords: Banks, Banking Regulation, Central Bank Policy, liquid asset, banking, reserve requirement, financial sector, bonds
As a monetary, selective credit, and government debt-management instrument, a liquid asset ratio is generally inefficient and may introduce serious distortions. However, it may play a limited role as a prudential i...