Comment on Sumner, Edlin, and Dasgupta: Quantitative Lending Directives are Needed

It is hubris to propose that current economic knowledge allows central bankers to adequately fine tune excess reserves via price incentives; instead quantitative lending directives are needed, according to Robin Pope.

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Year of publication:	2009
Authors:	Pope, Robin
Published in:	The Economists' Voice. - Berkeley Electronic Press. - Vol. 6.2009, 5, p. 5-5
Publisher:	Berkeley Electronic Press
Subject:	price incentives \| quantitative directives

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Extent:	application/pdf
Type of publication:	Article
Notes:	oai:bepress:
Source:	RePEc - Research Papers in Economics

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