Bouis, Romain; Rawdanowicz, Łukasz; Renne, Jean-Paul; … - Economics Department, Organisation de Coopération et … - 2013
In the wake of the Great Recession, a massive monetary policy stimulus was provided in the main OECD economies. It … the banking sector in most countries, with the exception of vulnerable euro area economies, monetary policy stimulus did … provided as much stimulus as expected given the evidence of a decrease in natural interest rates, resulting from the estimated …