Reserve requirements may speed up development of capital markets, Peruvian paper finds
Peruvian experience shows that central bank reserve requirements are an effective tool to reduce the trade-offs that expansionary monetary policies in developed countries are creating in emerging market financial systems, according to a Central Bank of Peru working paper.
Inflation targeting and quantitative tightening: effects of reserve requirements in Peru by Adrián Armas, Paul Castillo and Marco Vega, which provides an overview of the reserve requirements measures undertaken by the Central
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