01782cas a2200265 a 4500 AALejournalIMF007257 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455268467 1018-5941 BD-DhAAL BD-DhAAL Ishi, Kotaro. Should Unconventional Balance Sheet Policies Be Added to the Central Bank toolkit? : A Review of the Experience so Far / Kotaro Ishi, Kenji Fujita, Mark Stone. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (70 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students What is the case for adding the unconventional balance sheet policies used by major central banks since 2007 to the standard policy toolkit? The record so far suggests that the new liquidity providing policies in support of financial stability generally warrant inclusion. As the balance sheet policies aimed at macroeconomic stability were used only by a small number of highly credible central banks facing a lower bound constraint on conventional interest rate policy, they are not relevant for most central banks or states of the world. Best practices of these policies are documented in this paper. Mode of access: Internet Fujita, Kenji. Stone, Mark. IMF Working Papers; Working Paper ; No. 2011/145 Full text available on IMF http://elibrary.imf.org/view/journals/001/2011/145/001.2011.issue-145-en.xml IMF e-Library