Central banks after the crisis: many questions, few answers
What exactly caused the recent financial crisis? This question will be the subject of heated debate for a long time to come. Academics have something to keep them busy for many years ahead. In time, Nobel prizes will be awarded for convincing answers and ensuing recommendations. However, some central banks have already intuited that they are going to have to make some changes in at least two areas - monetary policymaking and the currently little-researched area of so-called financial stability
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