The Narrow Channel of Quantitative Easing: Evidence from YCC Down Under
收藏NBER2022-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29971
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资源简介：
We study the recent Australian experience with yield curve control (YCC) of government bonds as perhaps the best evidence of how this policy might work in other developed economies. We interpret the evidence with a simple model in which YCC affects prices of both government and other bonds via broad
提供机构：
美国国家经济研究局
创建时间：
2022-04-01
