tailored in magnitude and duration, will insulate the economy from deflation traps. However “fiscal switching rules” that …

zero lower bound, temporary increases in government spending can effectively insulate the economy from deflation traps. …

emerged as the second biggest economy in the world. In this study, we seek to illuminate the role of the monetary policy in … China differs substantially from what is typical for an advanced market economy, where an independent central bank often … that China’s monetary-policy implementation and its transmission to the real economy still rely heavily on quantitative …

their reports on the state and behaviour of the Finnish economy prior to mid 1993. The focus is primarily on the analytical … frameworks or models used by the professors to organize their thoughts on the Finnish economy, and, admittedly, at some risk of … subscribes to the idea of a credit cycle as the driving force behind the development of the Finnish economy during the last ten …