Regulations on Financing Public Debt by the Central Bank Based on the Experience of OECD Countries
Economic Perspectives - Challenges, Strategies, and Policy Implications: 37ECO 2021
In connection with the subprime crisis, and then in response to the COVID-19 pandemic, many central banks around the world decided to use an unconventional monetary policy tool in the form of government bond purchase programs on the secondary markets. Such actions have renewed discussion on the…