Week 7 Flashcards
What are the conventional tools of monetary policy?
What types of OMO are there and what are its advantages?
how does OMO work at the ECB
What are standing facilities and what are its advantages/disadvanatges?
What are reserve rquirements and what are its advantages/disadvantages?
what are the reserve requirements at the ECB?
What are overnight interbank interest rates and how is it determined?
What are the non-conventional tools of monetary policy?
What are the recent asset purchases at the ECB?
What were the three tools at the ECB for dealing with intra-emu tensions?
What is behavior rule?
What are the monetary policy strategies
What is monetary targeting and its advantages/ disadvantages
What is inflation targeting and its advantages/disadvantages
What is implicit nominal anchor and its advantages/ disadvanatges?
Can the CB control both reserves and the interest rate at the same time?
What is the criteria for choosing the policy instrument
how should the interest rate target level be chosen?
what are the reasons for regulation in the financial industries?
What are the categories of financial regulation
What are the disadvanatges/danger of regulation?
what are microprudential regulation of banks?
What is basel 1’s main objective, requirements, and weak points
What is basel 2’s three pillars, and its weak points? and why was it chosen over basel 1?
What is the danger of pro-cyclicality and recent discussion in the EU?, and what are the key points?
What is the macroprudential regulation of banks (key insights, main goals, tool’s characterisitics, advantages/ disadvanategs) and what does ‘one size does not fit all’ stand for?
