BLINOV, Sergey - Volkswirtschaftliche Fakultät, … - 2014
successful monetary policy. During the hardest phase of the most recent crisis, the central banks worldwide, for example, U …This paper investigates the possibility of conducting an unconventional monetary policy of Quantitative easing (QE) at … efficiency of such monetary policy. The criterion for «sufficiency» of quantitative easing must be the growth rate of the real …