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Qualitative Easing: How it Works and Why it Matters

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NBER2012-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18421
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This paper is about the effectiveness of qualitative easing; a government policy that is designed to mitigate risk through central bank purchases of privately held risky assets and their replacement by government debt, with a return that is guaranteed by the taxpayer. Policies of this kind have
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2012-09-01
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