Kallianiotis, Ioannis N. - In: International Journal of Economics and Financial Issues 5 (2015) 1, pp. 44-68
this slow growth of output and persistent unemployment. This policy has increased the debt of individuals and the low taxes … economic growth. The current target rate (monetary policy) is closed to zero since December 2008 with a new experimental policy … (“quantitative easing”) to stimulate investment, growth, and employment. The abandonment of the fiscal policy and the current U …