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Implications of Increasing Corporate Indebtedness for Monetary Policy
by: Benjamin M. Friedman
1990, 44 pages
Type: Occasional Paper [29]
ISBN: 1-56708-028-6
Price: $10.00
Keywords: Central Banking, Monetary Policy


There is a degree of tension between any central bank's responsibility to conduct monetary policy and its responsibility to act as a lender of last resort.


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