Advanced economies could learn from EM counterparts in managing balance sheets, paper says
Advanced economies could learn from emerging markets when it comes to successfully managing a large balance sheet, a working paper published by the BIS suggests.
In A comparative analysis of developments in central bank balance sheet composition, Christiaan Pattipeilohy examines the developing composition of balance sheets for a set of central banks in a unified framework from end-2001 until mid-2015.
Pattipeilohy notes monetary policy measures – including balance sheet policies – have been
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