Assignment First

加拿大数学论文代写:流动性机构与货币政策目的

流动性机构已从传统的存款监管机构大量转移。自2008年至2009年的金融危机以来,这种转移已经远远超过了银行控股机构的经纪交易商和货币市场,转移到了非银行金融的其他实体(Morris & Shin, 2016)。开放式共同基金在公司债券市场和其他固定收益市场提供流动性和融资方面的重要性越来越大。共同基金内部要求资金提供流动性的要求也相应增加。企业行业在持有流动资产方面也表现出了出色的增长。


加拿大数学论文代写 :流动性机构与货币政策目的

新西兰储备银行利用货币政策的目的是维持价格稳定的政策目标协议(King, 2000)。目前的协议要求银行在中期将平均通胀率保持在1%至3%之间。央行的工作重点是将未来的通胀率维持在平均2%的中点目标水平。央行的工作重点是通过结算官方现金利率来实施货币政策。储备银行应该考虑某些建议,如利用货币政策来控制通货膨胀(Rudd & Whelan, 2006)。这必须保持在目标的特定范围内。(二)银行应当重新考虑为维护物价稳定而实施和运用货币政策的决定。


加拿大数学论文代写 :流动性机构与货币政策目的

There has been a strong migration of liquidity establishment from the traditional institutions of supervised deposit. Since the financial crisis of 2008 to 2009, this migration has gone way ahead of the broker dealers and money markets in bank holding organizations to other entities of non- banking finance (Morris & Shin, 2016). There is an increased significance of open- ended mutual funds for the provision of liquidity and finance in corporate markets of bond and in other fixed markets of income. There is an increased commensurate for demanding money within the mutual funds for the provision of liquidity. The corporate industry as well has been exhibiting excelling growth for holding liquid assets.


加拿大数学论文代写 :流动性机构与货币政策目的

The Reserve Bank of New Zealand utilizes the monetary policy for the purpose of maintaining stability of price as defined in the Agreements of Policy Targets (King, 2000). The current agreement holds the requirement of bank for keeping the average level of inflation between 1 per cent and 3 per cent over the mid- term. The key focus is to maintain future inflation on an average at the midpoint target of 2 per cent. The Bank focuses on the implementation of monetary policy by the settlement of Rate of Official Cash. The Reserve Bank should consider the certain recommendations such as utilizing monetary policy for the purpose of controlling inflation (Rudd & Whelan, 2006). This has to be kept within the specific band of target. The Bank should reconsider its decisions regarding the implementation and utilization of monetary policy for ensuring the maintenance of stability in price.