Róbert Szini

Magyar Nemzeti Bank

Szabadsag ter 8-9

Budapest , H-1850

Hungary

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The Safety Trap – The Financial Market and Macroeconomic Consequences of the Scarcity of Safe Assets

Financial and Economic Review, Vol. 14. Issue 1. pp. 111-138.
Number of pages: 28 Posted: 30 Mar 2016
Dániel Horváth and Róbert Szini
Magyar Nemzeti Bank and Magyar Nemzeti Bank
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Abstract:

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financial markets, risk-free assets, liquidity trap, monetary policy