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Events
05
Jul
2024
Crawford School of Public Policy | Development Policy Centre | Seminar
Impact of excess reserves on monetary policy transmission in PNG
Thomas Wangi, Senior Research Fellow, National Research Institute
The accumulation of excess reserves in PNG’s banking system may have undesired implications on the effectiveness of monetary policy transmission. Thomas Wangi discusses his paper which employs a structural VAR model to measure flow-on effects of positive shocks to excess reserves and the lending rate.
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