Spillover effects from exiting highly expansionary monetary policies
"The prospective normalisation of monetary policies in the main OECD areas will be challenging given that current policy rates are likely to be significantly below neutral levels and that central bank balance sheets will be above the pre-crisis levels by a wide margin. Monetary policy normalisa...
Main Authors: | Rawdanowicz, Lukasz, Bouis, Romain, Brezillon, Jérôme |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Paris
2014
OECD |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19118847124919360299-Spillover-effects-from-exiting.htm |
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