Should Central Banks Be Funders of Last Resort?

22/08/2017 4 min
Should Central Banks Be Funders of Last Resort?

Listen "Should Central Banks Be Funders of Last Resort?"

Episode Synopsis

Would unconventional monetary policy aimed at buying private sector securities (stocks and bonds) helped boost lackluster investment? Particularly in developing and emerging markets? We look at the role that central banks - as funders of last resort - might have played in promoting investment. For more, see: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3023795