Cúrdia, Vasco; Woodford, Michael - In: Review (2010) May, pp. 229-264
sources of (potentially time-varying) credit spreads and to allow a role for the central bank's balance sheet in equilibrium … prescriptions, and to consider additional dimensions of central bank policy - variations in the size and composition of the central … bank's balance sheet and payment of interest on reserves - alongside the traditional question of the proper choice of …