Maintaining Central-Bank Financial Stability under New-Style Central Banking
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下载链接：
https://www.nber.org/papers/w21173
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资源简介：
Since 2008, the central banks of advanced countries have borrowed trillions of dollars from their commercial banks in the form of interest-paying reserves and invested the proceeds in portfolios of risky assets. We investigate how this new style of central banking affects central banks' solvency. A
提供机构：
美国国家经济研究局
创建时间：
2015-05-01
