Enhancing Markets (i.e. Economies) Transmissionability to Optimize Monetary Policies’ Effect
Monetary Policies of expanding liquidity through bottom low interest rate; stimulus packages, quantitative easing, etc should be transmissible to the entire market (i.e. economy) for best performance. However, current markets (i.e. economies) do not posses enough market security to provide the transmissionability to reach adequate market development (i.e. economic growth). This paper theoreticizes that by mitigating of A) the shady business practices of B) vague personal corporate liability and C) contract laws, D) vague insurance and bonding laws, E) inadequate 1) intellectual property laws, 2) environmental protection and 3) consumer protection laws, etc market marginalization in fact will enhance the market security, and improve the transmissionability and the effectiveness of the monetary policies to boost market development (i.e. economic growth).
The text is part of a series EY International Congress on Economics I (EYC2013), October 24-25, 2013, Ankara, Turkey Number 205 19 pages long
Classification:
A1 - General Economics ; D01 - Microeconomic Behavior: Underlying Principles ; D5 - General Equilibrium and Disequilibrium ; P48 - Legal Institutions; Property Rights ; K0 - Law and Economics. General