Should Unconventional Balance Sheet Policies Be Added to the Central Bank toolkit? : A Review of the Experience so Far /

What is the case for adding the unconventional balance sheet policies used by major central banks since 2007 to the standard policy toolkit? The record so far suggests that the new liquidity providing policies in support of financial stability generally warrant inclusion. As the balance sheet polici...

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Bibliographic Details
Main Author: Ishi, Kotaro
Other Authors: Fujita, Kenji, Stone, Mark
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/145
Online Access:Full text available on IMF