Market Disequilibrium, Monetary Policy, and Financial Markets: insights from new tools
"We revisit the main building blocks of the theoretical models underlying the monetary policy consensus before the Great Recession. We highlight how the failure of these models to prevent the crisis and to provide guidance during the recession were due to the excessive confidence in the ability...
Main Authors: | Gaffard, Jean-Luc, Napoletano, Mauro |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Paris
2018
OFCE |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19399630124911178129-Market-Disequilibrium,-Monetar.htm |
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