Pinto, João Braz; Andrade, João de Sousa - In: Contemporary economics 13 (2019) 4, pp. 446-470
the forefront. The quantitative easing monetary policy was introduced in Japan and better applied in the USA and EMU as a …Keynes emphasized a specific situation in which the liquidity preference becomes absolute, leading to monetary policy … compare the normal situation of monetary policy efficiency with the situation of LT monetary policy inefficiency. We prove …