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  • Fed QE and lending behaviour: a heterogeneity analysis of asset purchases 

    Kapoor, Supriya; Grimaldi, Marianna Blix (Working Paper Series 428, Sveriges Riksbank (Central Bank of Sweden), 2023)
    Though unconventional monetary policy is still new, already there is a conventional wisdom that the impact of monetary policy is related to the composition of the asset mix. This turns out to be incomplete and potentially ...