Global implications of national unconventional policies: A comment

This comment discusses “Global Implications of National Unconventional Policies” by L. Dedola. P. Karadi and G. Lombardo, which was presented in Carnegie-Rocherster conference in April 2012.

► This paper comments on Dedola, Karadi and Lombardo's paper.
► Financing constraint makes the propagation qualitatively different.
► Unanswered questions on unconventional policies are discussed.