Advancing the Monetary Policy Toolkit through Outright Transfers /
This paper argues that in reserve currency issuing economies at the effective lower bound, outright transfers from the central bank to households are both more equitable and more effective in achieving monetary policy objectives than asset purchases or negative interest rates. It shows that concerns...
| मुख्य लेखक: | Buetzer, Sascha |
|---|---|
| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2022.
|
| श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2022/087 |
| विषय: | |
| ऑनलाइन पहुंच: | Full text available on IMF |
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