Noise
Luca Einaudi,
Riccardo Faucci and
Roberto Marchionatti
Chapter 13 in Luigi Einaudi, 2006, pp 182-186 from Palgrave Macmillan
Abstract:
Abstract The explanation of fuge rumores helps to explain some of Donato Menichella’s1 rules of conduct … The Governor of the Bank of Italy, with the agreement or cooperation of the Minister of the Treasury, can use two effective weapons to control the lira, the exchanges, the country’s industrial and commercial activity: they are changes in the discount rate and changes in the percentage of deposits commercial banks have to hold with the central bank.
Keywords: Discount Rate; Central Bank; Commercial Bank; Saving Bank; Anonymous Report (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52297-8_14
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DOI: 10.1057/9780230522978_14
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