The Benefits and Costs of Highly Expansionary Monetary Policy

How far to go – and to remain – in the direction of highly expansionary monetary policy hinges on the balance of marginal benefits and costs of additional monetary easing and its expected evolution over time. This paper sketches a framework for assessing this balance and applies it to four OECD econ...

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Detalles Bibliográficos
Autor principal: Rawdanowicz, Łukasz (-)
Otros Autores: Bouis, Romain, Watanabe, Shingo
Formato: Capítulo de libro electrónico
Idioma:Inglés
Publicado: Paris : OECD Publishing 2013.
Colección:OECD Economics Department Working Papers, no.1082.
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706627806719

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