Results 211 to 220 of about 17,152 (252)
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2014
This chapter argues that in times of crisis, the central bank’s conventional monetary policy of cutting interest rates in the face of declining output may be counterproductive. Instead of reversing the contraction in aggregate income, such a policy may reinforce the recessionary forces.
Chandana Ghosh, Ambar Nath Ghosh
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This chapter argues that in times of crisis, the central bank’s conventional monetary policy of cutting interest rates in the face of declining output may be counterproductive. Instead of reversing the contraction in aggregate income, such a policy may reinforce the recessionary forces.
Chandana Ghosh, Ambar Nath Ghosh
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Diogenes, 1978
The growing contradictions inherent in capitalism are concentrated, as though at a focal point, in the monetary field—the most, vulnerable point in the whole capitalist economy. The extended period of the general crisis of capitalism is punctuated by periodic bursts of monetary crisis.
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The growing contradictions inherent in capitalism are concentrated, as though at a focal point, in the monetary field—the most, vulnerable point in the whole capitalist economy. The extended period of the general crisis of capitalism is punctuated by periodic bursts of monetary crisis.
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The monetary mechanics of the crisis [PDF]
, 2009 In response to the financial and economic crisis, central banks, unlike in the 1930s, have created enormous amounts of money. There are fears that this will lead to inflation, but it is base money (the central bank's liabilities) that has expanded; total monetary aggregates have not.
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Crisis in the European Monetary Union
2017After decades of economic integration and EU enlargement, the economic geography of Europe has shifted, with new peripheries emerging and the core showing signs of fragmentation. This book examines the paths of the core and peripheral countries, with a focus on their diverse productive capabilities and their interdependence.
Giuseppe Celi +3 more
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The monetary pillar and the great financial crisis [PDF]
, 2010 Since its inception, a most distinctive (and controversial) feature of the ECB monetary policy strategy has been its emphasis on money and monetary analysis, which constitute the basis of the so-called monetary pillar. The present paper examines the performance of the monetary pillar around the recent financial crisis episode, and discusses its ...
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The monetary policy response to the crisis
2004Providing an integrated analysis of the event and its consequences, the chapters in the book consider the causes of the crisis, the response of the US government and International Monetary Fund, adjustments in the Korean monetary and fiscal policies, and the success of financial and corporate restructuring. The concluding chapters bring the story up-to-
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The trilemma of expansionary monetary policy in the Euro area during the COVID-19 crisis
Finance Research Letters, 2021Wolfgang Schadner, Sebastian Lang
exaly
MONETARY POLICY AND THE CRISIS
Bulletin of the Oxford University Institute of Economics & Statistics, 1952openaire +1 more source