Quantitative Tightening in Segmented Interbank Markets
Models how central banks must retain more reserves for rate control when interbank trading cannot redistribute reserves across heterogeneous banks, even if aggregate demand is sufficient.
Featured in No. 138 on 6 Nov 2026 · 3 days after release
- Released
- 3 Nov 2026
- First featured
- No. 138 · 6 Nov 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 2 of 5
- Identifier
- SSRN 7678418
- Authors
- Junko Oguri and Cristoforo Pizzimenti
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).