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Real Rigidities

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Discussion Paper

Does Easing Monetary Policy Increase Financial Instability?

Dr. Ambrogio Cesa-Bianchi
Dr. Alessandro Rebucci

01 January 2013

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The Euro Area Business Cycle Network provides a forum for the better understanding of the Euro area business cycle, linking academic researchers and researchers in central banks and other policy institutions involved in the empirical analysis of the Euro area business cycle.

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