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Aldridge Et Al - Central Bank Crisis Interventions - A Review of The Recent Literature On Potential Costs by Rafael Gurgel is a document available to read on EtoBox.

This staff discussion paper reviews the costs associated with central bank interventions during financial crises, particularly focusing on large-scale lending and asset purchases. While these actions can stabilize markets and implement monetary policy, they may negatively impact market liquidity, distort asset prices, and create conflicts between monetary and financial stability objectives. The paper also discusses potential measures to mitigate these adverse effects.

Author
Rafael Gurgel
Language
EN