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analyze the different consequences of this public intervention not only on the real side of the economy but also on the … financial side. We use a consistent empirical stock-flow model for the Vietnamese economy, integrating its real and financial …
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This article addresses Japan's economy, its new economic policy package, which is known as Abenomics. The centerpiece … question is: to what extent the policy package contributes to stimulating the economy? This question relates to the main …
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Negative interest rates are an invention of monetary authorities to show that monetary activism does not have boundaries, i.e., as if there is no such thing as a liquidity trap. Their presence in the financial landscape has redefined the benefits to savers and to investors. Governments can now...
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