Spillover effects from exiting highly expansionary monetary policies

"The prospective normalisation of monetary policies in the main OECD areas will be challenging given that current policy rates are likely to be significantly below neutral levels and that central bank balance sheets will be above the pre-crisis levels by a wide margin. Monetary policy normalisa...

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Bibliographic Details
Main Authors: Rawdanowicz, Lukasz, Bouis, Romain, Brezillon, Jérôme
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Paris 2014
OECD
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19118847124919360299-Spillover-effects-from-exiting.htm

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