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The Last Resort in a Changing Landscape

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  • Mary C. Daly

Abstract

Presentation to Money Marketeers of New York University Webinar, New York, New York, by Mary C. Daly, President and CEO, Federal Reserve Bank of San Francisco, Tuesday, April 15, 2021

Suggested Citation

  • Mary C. Daly, 2021. "The Last Resort in a Changing Landscape," Speech 91338, Federal Reserve Bank of San Francisco.
    • Handle: RePEc:fip:fedfsp:91338
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    References listed on IDEAS

    as
    1. Carvalho, Carlos & Ferrero, Andrea & Nechio, Fernanda, 2016. "Demographics and real interest rates: Inspecting the mechanism," European Economic Review, Elsevier, vol. 88(C), pages 208-226.
    2. Di Maggio, Marco & Kacperczyk, Marcin, 2017. "The unintended consequences of the zero lower bound policy," Journal of Financial Economics, Elsevier, vol. 123(1), pages 59-80.
    3. Andrade, Philippe & Galí, Jordi & Le Bihan, Hervé & Matheron, Julien, 2021. "Should the ECB adjust its strategy in the face of a lower r★?," Journal of Economic Dynamics and Control, Elsevier, vol. 132(C).
    4. Jaewon Choi & Mathias Kronlund, 2018. "Reaching for Yield in Corporate Bond Mutual Funds," The Review of Financial Studies, Society for Financial Studies, vol. 31(5), pages 1930-1965.
    5. Viral V Acharya & Robert Engle & Maximilian Jager & Sascha Steffen, 2024. "Why Did Bank Stocks Crash during COVID-19?," The Review of Financial Studies, Society for Financial Studies, vol. 37(9), pages 2627-2684.
    6. Philippe Andrade & Jordi Gali & Hervé Le Bihan & Julien Matheron, 2021. "Should the ECB Adjust Its Strategy in the Face of a Lower r*?," Working Papers 22-1, Federal Reserve Bank of Boston.
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