Christensen, Jens H. E.; Lopez, Jose A.; Rudebusch, Glenn D. - Federal Reserve Bank of San Francisco - 2009
In response to the global financial crisis that started in August 2007, central banks provided extraordinary amounts of …
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Abstract
In response to the global flnancial crisis that started in August 2007, central banks pro …-
conomic repercussions.1 To limit these adverse efiects, central banks around the world es-
tablished an extraordinary set of …