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-- Reforming regulation / Michael J. Boskin -- National and international monetary reform / John B. Taylor -- A blueprint for …
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This note argues that in a situation of an inelastic natural gas supply a restrictive monetary policy in the euro zone could reduce the energy bill and therefore has additional merits. A more hawkish monetary policy may be able to indirectly use monopsony power on the gas market. The welfare...
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Gerhard Illing, Ludwig-Maximilians-Universität München analysiert die Geld- und Fiskalpolitik in der Wirtschaftskrise: Kernproblem ist ein Konflikt zwischen Preis- und Finanzmarktstabilität: Die labile Konjunktur würde eigentlich niedrige Zinsen erfordern; niedrige Zinsen ermuntern aber die...
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has partial control over bank regulation it can exercise regulatory lenience. Two, the Fed's stronger output orientation … procyclical capital regulation. - Monetary policy ; capital regulation ; crisis …
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