Bank of Italy publishes unconventional monetary policy papers
Papers and presentations cover models and data on unconventional programmes
The Bank of Italy has published a large number of presentations and papers discussed at its workshop on unconventional monetary policy held in Rome on October 21.
The workshop included four sessions, on theory and modelling, effects on asset prices, risk taking and financial markets, and the bank lending channel. The bulk of the contributions are early drafts of research by economists from a number of institutions, including the Federal Reserve and the Bank of England.
The Reanchoring Channel of
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