Low for Long and Risk-Taking /
The COVID-19 pandemic is causing an unprecedented worldwide economic contraction, leading central banks to reduce interest rates to historically low levels and making unconventional monetary policies-including 'low for long' interest rates and asset purchases-increasingly common. Arguably,...
| Main Author: | Adrian, Tobias |
|---|---|
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2020.
|
| Series: | Departmental Papers; Departmental Paper ;
No. 2020/015 |
| Subjects: | |
| Online Access: | Full text available on IMF |
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