Should Unconventional Balance Sheet Policies Be Added to the Central Bank toolkit? a Review of the Experience so Far

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Abstract

… Reserve Bank of Australia REIT Real Estate Investment Trust SNB Swiss National Bank … mandate for policy objectives—Most major central banks have a legal mandate for … The conventional monetary policy framework employs two main instruments in support of macroeconomic …

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Ishi, K., Fujita, K., & Stone, M. R. (2011). Should Unconventional Balance Sheet Policies Be Added to the Central Bank toolkit? a Review of the Experience so Far. IMF Working Papers, 11(145), 1. https://doi.org/10.5089/9781455268467.001

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