Forthcoming article "What is the Impact of a Major Unconventional Monetary Policy Intervention?" by Carlo Alcaraz, Stijn Claessens, Gabriel Cuadra, David Marques-Ibanez and Horacio Sapriza
@eeanews.bsky.social
doi.org/10.1093/jeea...
doi.org
Abstract. How does the credible announcement of an unconventional monetary policy intervention affect bank lending standards during crises? We use a major