 | Establishing Initial Conditions in Support of Inflation Targeting Author/Editor: Mark Zelmer, Andrea Schaechter, Mark R Stone, Alina Carare. Release Date:June, 2002 This paper provides some practical advice on establishing initial conditions in support of an inflation-targeting monetary framework. These conditions are divided into four areas: a mandate in more...
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 | Monetary Operations and Central Bank Balance Sheets in a World of Limited Government Securities Author/Editor: Mark Zelmer. Release Date:December, 2001 The limited supply of government securities in some industrial countries has important ramifications for the operating techniques used by central banks to implement monetary policy, provide credit to more...
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