Low for Long and Risk-Taking /
The COVID-19 pandemic is causing an unprecedented worldwide economic contraction, leading central banks to reduce interest rates to historically low levels and making unconventional monetary policies-including 'low for long' interest rates and asset purchases-increasingly common. Arguably,...
Main Author: | |
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2020.
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Series: | Departmental Papers; Departmental Paper ;
No. 2020/015 |
Subjects: | |
Online Access: | Full text available on IMF |