Cover Departmental Papers
Asset Purchases and Direct Financing: Guiding Principles for Emerging Markets and Developing Economies during COVID-19 and Beyond
Author:
Mr. Tobias Adrian
Search for other papers by Mr. Tobias Adrian in
Current site
Google Scholar
PubMedClose
https://orcid.org/0000-0001-9379-9592
,
Christopher J. Erceg 0000000404811396 https://isni.org/isni/0000000404811396 International Monetary Fund

Search for other papers by Christopher J. Erceg in
Current site
Google Scholar
PubMedClose
,
Mr. Simon T Gray
Search for other papers by Mr. Simon T Gray in
Current site
Google Scholar
PubMedClose
, and
Ms. Ratna Sahay
Search for other papers by Ms. Ratna Sahay in
Current site
Google Scholar
PubMedClose
Series:
Departmental Papers
Volume/Issue:
Volume 2021: Issue 023
Language:
English
Publication Date:
11 Oct 2021
DOI:
https://doi.org/10.5089/9781513594101.087
ISBN:
9781513594101
ISSN:
2616-5333
Pages:
47
Keywords:
Asset purchases, Emerging Markets, Direct Financing, Fiscal Dominance
Legal-disclaimer:
The Departmental Paper Series presents research by IMF staff on issues of broad regional or cross-country interest. The views expressed in this paper are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Download PDF (2.3 MB) Download Epub
Many central banks in emerging market and developing economies have used asset purchases to reduce financial stresses during the COVID crisis, and some are doing so to provide macroeconomic stimulus.
  • Collapse
  • Expand
Cover Departmental Papers
Departmental Papers
ISSN:
2616-5333
Publisher:
International Monetary Fund
Volume 2021: Issue 023