Changes in market functioning and central bank policy : an overview of the issues

  title={Changes in market functioning and central bank policy : an overview of the issues},
  author={M Barth and Eli M Remolona and Philip D Wooldridge},
  • M Barth, Eli M Remolona, Philip D Wooldridge
  • Published 2002
In recent years, financial markets have experienced a number of developments that have had a major impact on the way they function. The launch of the euro, the introduction of electronic trading platforms, shifts in the constellation and behaviour of market participants, and changes in relative supplies of different assets have all had a significant influence on the structure and quality of financial markets. Changes in market functioning have in turn posed challenges for central banks… CONTINUE READING

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