Abstract
The aim of this chapter is twofold. First, we will introduce in a rather simple framework the basic structure of the theoretical models presented in this work. Second, we will present a key result of this work by providing the rationale behind the existence of the interbank money market.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Rights and permissions
Copyright information
© 2007 Physica-Verlag Heidelberg
About this chapter
Cite this chapter
(2007). Base Model: Banks’ Liquidity Management and Interbank Market Equilibrium. In: The Design of the Eurosystem’s Monetary Policy Instruments. Contributions to Economics. Physica-Verlag HD. https://doi.org/10.1007/978-3-7908-1978-6_4
Download citation
DOI: https://doi.org/10.1007/978-3-7908-1978-6_4
Publisher Name: Physica-Verlag HD
Print ISBN: 978-3-7908-1977-9
Online ISBN: 978-3-7908-1978-6
eBook Packages: Business and EconomicsEconomics and Finance (R0)