Central Banks as Funders of Last Resort: Intro and Findings

22/08/2017 4 min
Central Banks as Funders of Last Resort:  Intro and Findings

Listen "Central Banks as Funders of Last Resort: Intro and Findings"

Episode Synopsis

Why can't central banks normally buy stocks and bonds from the private sector? What happens if/when they do? We introduce our subject, and quickly present our findings (that central bank purchases can promote investment under certain circumstances).
For more, see: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3023795