전산원테스트
HOME  > MARXISM 21

MARXISM 21

ArticleAn Analysis of Changes in the Fed's Open Market Operations and Floor System

작성자 : Song Jong-Un
작성일자 : 2019-09-26 01:42:46 조회수 : 4
AttacheFile :
IP : 203.255.60.90  | AnswerNumber : 0

An Analysis of Changes in the Fed's Open Market Operations
and Floor System

Song Jong-Un

This paper analyzes the effects of the American Federal Reserve System’s
influence on the federal funds market and several types of benchmark rates,
such as the: IOER, ON RRP andEffective Federal Fund Market Rate, through
an analysis of the assets and liabilities of the Fed balance sheet. In this way, the
current Fed multi-benchmark rate system has proved to be unstable as long as
the Fed's normalization is not achieved.

Keywords: Federal Reserve System, IOER, ON RRP, Federal Fund
Market.

List