Unconventional monetary policy and the great recession
Alternative title: | estimating the impact of a compression in the yield spread at the zero lower bound |
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Year of publication: |
2010-10-20
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Authors: | Baumeister, Christiane ; Benati, Luca |
Publisher: |
European Central Bank |
Subject: | Geldpolitik | Monetary Policy | Zentralbank | Central Bank |
Extent: | 2078720 bytes 50 p. application/pdf |
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Series: | |
Type of publication: | Book / Working Paper |
Language: | English |
Classification: | E30 - Prices, Business Fluctuations, and Cycles. General ; E32 - Business Fluctuations; Cycles ; Currency. Monetary policy ; Individual Working Papers, Preprints |
Source: |
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Are policy counterfactuals based on structural VAR's reliable?
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