000			00982pab a2200169 454500
008			180718b2000 xxu||||| |||| 00| 0 eng d
100			_aSen Gupta, Indranil et al.
245			_aAnatomy of liquidity management
260			_c2000
300			_ap.291-321.
362			_aMonsoon and Winter
520			_aThe management of liquidity poses a major challenge to the conduct of monetary policy in an environment of financial liberalisation. Recent research has attempted to assess liquidity conditions in the market for bank reserves in terms of central bank balance sheet flows. This paper constructs the concepts of autonomous liquidity (AL) and discretionary liquidity (DL) in the Indian context and finds that there is a systemic response in the Reserve Bank's discretionary operations to offset `autonomous' shocks to the market for bank reserves. - Reproduced.
650			_aMoney
650			_aLiquidity
773			_aReserve Bank of India Occasional Papers
909			_a56136
999			_c56136 _d56136