A MATHEMATICAL MODEL AND DECISION SUPPORT SYSTEM FOR DETERMINATION OF THE VALUES OF THE MARGINAL RESERVE REQUIREMENT AS INSTRUMENT OF MONETARY POLICY

Abstract This paper studies the problem of interdependence between central bank and commercial bank goals. The basic central bank task is to achieve and to maintain price stability. Croatian 249-278 (2007) Key words: monetary policy instruments, commercial banks credit activity, marginal reserve requirement, bi-level mixed 0-1 programming problem, NP-hard problem, heuristi