“Talking Down Monetary Policy” – A Note
There is a recent debate about whether monetary policy is no longer ef- fective in stimulating demand, a concern often voiced in the euro area. As a response, the ECB warns against \talking down monetary policy" (ECB Vice-President Vitor Constancio, 2016). This note uses a textbook model of...
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Publicat a: | MAGKS - Joint Discussion Paper Series in Economics (Band 26-2016b) |
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Autor principal: | |
Format: | Article |
Idioma: | anglès |
Publicat: |
Philipps-Universität Marburg
2016
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Accés en línia: | PDF a text complet |
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