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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Ishi, Kotaro
Weitere Verfasser: Fujita, Kenji, Stone, Mark
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2011.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2011/145
Online Zugang:Full text available on IMF