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,...

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Détails bibliographiques
Auteur principal: Adrian, Tobias
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2020.
Collection:Departmental Papers; Departmental Paper ; No. 2020/015
Sujets:
Accès en ligne:Full text available on IMF