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The book explores the significant impact of massive asset purchase programs by central banks in the US and UK during the global financial crisis. It examines the resulting increase in assets and the cross-border spillover effects on global economies. Additionally, it delves into potential long-term consequences, such as balance sheet adjustments affecting the profit-earning capacities of central banks and the risk of negative equity emerging in extreme scenarios.
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Central Bank Ratings, Indranarain Ramlall
- Lingua
- Pubblicato
- 2022
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