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After the bankruptcy of Lehman Brothers, in September 2008, there was huge stress in the financial markets. In the money markets, the Eurosystem had to adopt measures providing liquidity to banks in order to avoid the collapse of the interbank market. In this work we analyze the changes in the...
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a very prolonged period of low inflation, the Bank of Japan has been modifying its monetary policy strategy over the … yield curve control policy. Despite all these efforts, Japan has continued to experience persistently low inflation, with …
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