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  UNCONVENTIONAL MONETARY POLICY AND FINANCIAL STABILITY

  ALEXIS STENFORS / JAN TOPOROWSKI

  Since the financial crisis of 2008-09, central bankers around the world have been forced to abandon conventional monetary policy tools in favour of unconventional policies such as quantitative easing, forward guidance, lowering the interest rate paid on bank reserves into negative territory, and pushing up prices of government bonds. Having faced a crisis in its banking sector ...

  $1,279.00

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