Showing 1 - 10 of 119
This paper outlines important lessons for monetary policy. In particular, the role of inflation targeting, which was much acclaimed prior to the financial crisis and since then has not lost much of its endorsement, is critically reviewed. Ignoring the relation between monetary policy and asset...
Persistent link: https://www.econbiz.de/10014401288
Persistent link: https://www.econbiz.de/10014391720
Persistent link: https://www.econbiz.de/10003918854
This paper reviews the rationale for quantitative easing when central bank policy rates reach near zero levels in light of recent announcements regarding direct asset purchases by the Bank of England, the Bank of Japan, the U.S. Federal Reserve and the European Central Bank. Empirical evidence...
Persistent link: https://www.econbiz.de/10003947449
This paper reviews the rationale for quantitative easing when central bank policy rates reach near zero levels in light of recent announcements regarding direct asset purchases by the Bank of England, the Bank of Japan, the U.S. Federal Reserve and the European Central Bank. Empirical evidence...
Persistent link: https://www.econbiz.de/10012463084
Persistent link: https://www.econbiz.de/10014512780
Persistent link: https://www.econbiz.de/10001500213
Persistent link: https://www.econbiz.de/10001300879
Persistent link: https://www.econbiz.de/10001391823
Persistent link: https://www.econbiz.de/10001409452