15
14:15 - 15:45
IWH Research Seminar
JAN
2018
14:15 - 15:45
Cutting Out the Middleman – The ECB as Corporate Bond Investor
We propose a novel mechanism how central bank interventions can affect the real economy: direct corporate debt purchases by a central bank can increase the effectiveness of the banklending channel.
Who
(Frankfurt School of Finance & Management)