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,...

Повний опис

Бібліографічні деталі
Автор: Adrian, Tobias
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2020.
Серія:Departmental Papers; Departmental Paper ; No. 2020/015
Предмети:
Онлайн доступ:Full text available on IMF