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 normalisation i...
Main Author: | |
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Other Authors: | , , , |
Format: | eBook Section |
Language: | Inglés |
Published: |
Paris :
OECD Publishing
2014.
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Series: | OECD Economics Department Working Papers,
no.1116. |
Subjects: | |
See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009704643506719 |