Unconventional Choices for Unconventional Times Credit and Quantitative Easing in Advanced Economies /

This paper examines the unconventional monetary policy actions undertaken by G-7 central banks and assesses their effectiveness in alleviating financial market pressures and facilitating credit flows to the real economy. Central banks acted nimbly, decisively, and creatively in their response to the...

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Bibliographic Details
Main Author: Klyuev, Vladimir
Other Authors: De Imus, Phil, Srinivasan, Krishna
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Staff Position Notes; Staff Position Note ; No. 2009/027
Online Access:Full text available on IMF