Money market estimates vary significantly – Bundesbank paper

Deutsche Bundesbank headquarters, Frankfurt
The Deutsche Bundesbank
Fabian Stürtz

Different attempts to measure money markets have come up with significantly different results, a working paper published by the Deutsche Bundesbank finds.

In “The devil is in the details, but so is salvation” – Different approaches in money market measurement, Alexander Müller and Jan Paulick note that authorities have put “considerable resources” into measuring money markets. But they argue that little is known about the differences between the available data and the structural effects of the

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