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A Large Central Bank Balance Sheet? Floor vs Corridor Systems in a New Keynesian Environment

Banco de Espana Working Paper No. 1851
Number of pages: 75 Posted: 08 Jan 2019
Banco de España, Banco de España, Banco de España and Banco de España
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Citation 29

Abstract:

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central bank balance sheet, interbank market, search and matching frictions, reserves, zero lower bound