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Quite erroneous policy: bond-buying has little impact on real economy

Goodhart, Charles and Wood, Geoffrey (2016) Quite erroneous policy: bond-buying has little impact on real economy. OMFIF Bulletin, 7 (9). p. 13.

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Abstract

At a time when interest rates, throughout the yield curve, are at an all-time low, it could be argued that the public sector, the biggest debtor, should be trying to lock in such rates by shifting to ever longer maturities and duration.

Item Type: Article
Official URL: https://www.omfif.org/
Additional Information: © 2016 OMFIF
Divisions: Financial Markets Group
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
Sets: Research centres and groups > Financial Markets Group (FMG)
Date Deposited: 19 Oct 2016 10:44
Last Modified: 26 Oct 2017 14:53
URI: http://eprints.lse.ac.uk/id/eprint/68076

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