How New Fed Corporate Bond Programs Dampened the Financial Accelerator in the Covid-19 Recession
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https://www.nber.org/papers/w28097
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资源简介:
In the financial crisis and recession induced by the Covid-19 pandemic, many investment-grade firms became unable to borrow from securities markets. In response, the Fed not only reopened its commercial paper funding facility but also announced it would purchase newly issued and seasoned bonds of
提供机构:
美国国家经济研究局
创建时间:
2020-11-01



