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Die neuen Liquiditätsvorschriften und die Durchführung der Geldpolitik in der Schweiz

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  • Urs Graf

Abstract

The new liquidity requirements replaced a system characterized by several disadvantages. In public discussions of the new system, the introduction of a lagged reserve accounting regime did not attract much attention. Under certain conditions, a system with lagged reserve requirements may be expected to improve money control efficiency. However, there remain some doubts about the suitability of this approach in the Swiss case.

Suggested Citation

  • Urs Graf, 1993. "Die neuen Liquiditätsvorschriften und die Durchführung der Geldpolitik in der Schweiz," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 129(I), pages 3-22, March.
    • Handle: RePEc:ses:arsjes:1993-i-1
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