Unconventional Monetary Policies - Recent Experiences and Prospects

Date: April 18, 2013
Electronic Access: Full Text

Summary:This paper addresses three questions about unconventional monetary policies. First, what policies were tried, and with what objectives? Second, were policies effective? And third, what role might these policies continue to play in the future?

Series : Policy Paper
Subject(s): Monetary policy | Developed countries | Central banks | Bonds | Capital markets | Financial intermediation | Spillovers