Edwards, Sebastian - In: The 2008 global financial crisis in retrospect : causes …, (pp. 395-410). 2019
Sebastian Edwards finds that monetary policy in Iceland has been run in an effective way since approximately 2012 and … contributed in a significant way to the recovery of the Icelandic economy. He then addresses two new instruments of monetary … policy: currency intervention and capital controls. He reviews the evidence for the efficacy of these instruments in other …