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The Bank of Japan has introduced various unconventional monetary policy tools since the launch of...

We build a factor-augmented interacted panel vector-autoregressive model of the Euro Area (EA)...

The paper first describes how the Czech National Bank (CNB) moved gradually from a fixed exchange...

Sovereign risk premia in several euro area countries have risen markedly since 2008, driving up...

An independent central bank can manage its balance sheet and its capital so as to commit itself...

This paper investigates the effects of unconventional monetary policy in a small open...