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range of a local bank’s social influence in a given environment is highly dependent on the money transfer balance, that is … using local money to satisfy local needs. A typical obstacle to this activity could be observed in Poland, in positive money … together with its explanation on the basis of the selected group of cooperative banks in Poland. According to the sector data …
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how the transmission depends on bank balance sheets, and how this changes once policy rates become negative. We review the …
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