Since I had to write an essay on monetary policy I ‘ve posted the relevant short paper on SSRN. It examines Quantitative Easing in relation with payment of Interest On Reserves and how it can help the central bank to achieve its monetary targets. The main reference has been the work of Scott Fullwiler, especially his paper on the subject.
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Μαρτίου 2, 2013 στις 19:05
Duckdown
I have been trying to create a 3 SFB model for Greece the couple of last days based on this: http://www.statistics.gr/portal/page/portal/ESYE/BUCKET/General/NATIONAL_ACCOUNTS.pdf
But i’m having trouble accounting for S and I in order to create the prv sector balance.Can you offer any advice ? Thanks.
Μαρτίου 2, 2013 στις 20:10
kkalev
I ‘d suggest using the Ameco database
http://ec.europa.eu/economy_finance/ameco/user/serie/SelectSerie.cfm (sections 14-16) and the Eurostat sectoral accounts:
http://epp.eurostat.ec.europa.eu/portal/page/portal/sector_accounts/data/annual_data