Browsing Department of Economics (ECO) by Author "BARTOLINI, Leonardo"
Title:The Overnight Interbank Market: Evidence From the G-7 and the Euro Zone Author(s):PRATI, Alessandro; BARTOLINI, Leonardo; BERTOLA, GiuseppeDate:2003Citation:Journal of Banking & Finance, 2003, 27, 10, 2045-2083Type of Publication:ArticleAbstract:We study the interbank markets for overnight loans of the major industrial countries, linking the behavior of short-term interest rates to the operating procedures of these countries' central banks. We find that many of ...
Title:Banks' Reserve Management, Transaction Costs, and the Timing of Federal Reserve Intervention Author(s):BARTOLINI, Leonardo; BERTOLA, Giuseppe; PRATI, AlessandroDate:2001Citation:Journal of Banking & Finance, 2001, 25, 7, 1287-1317Type of Publication:ArticleAbstract:We use daily data on bank reserves and overnight interest rates to document a striking pattern in the high-frequency behavior of the US market for federal funds: depository institutions tend to hold more reserves during ...
Title:Day-To-Day Monetary Policy and the Volatility of the Federal Funds Interest Rate Author(s):BARTOLINI, Leonardo; BERTOLA, Giuseppe; PRATI, AlessandroDate:1998Type of Publication:Working PaperSeries/Report no.:EUI ECO; 1998/35