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The Law and Economics of Quantitative Easing

Johnston, Andrew - 2016

In this paper we argue that, in substance, the Quantitative Easing (QE) programmes introduced by central banks around the world amount to monetary financing of government deficits. As such, these programmes are unlawful under the Treaty on the Functioning of the European Union (TFEU). However,...

Persistent link: https://www.econbiz.de/10013006221

Geldpolitik im Gefangenendilemma : zwei Vorschläge für rationales Verhalten

Lorch, Brigitte - 1994

Persistent link: https://www.econbiz.de/10000883347

[Rezension von: Macesich, George, Monetary policy and rational expectations]

Chakraborty, Debashis - In: Southern economic journal 54 (1988) 4, pp. 1053-1054

Persistent link: https://www.econbiz.de/10001343043

The rationalization of central banks

Selgin, George A. - In: Critical review : an interdisciplinary journal of … 7 (1993) 2, pp. 335-354

Persistent link: https://www.econbiz.de/10001184928

Monetary policy under internal rationality

Arias Gutiérrez, Agustín H. - In: Essays in expectations formation in macroeconomics, (pp. 87-110). 2015

Persistent link: https://www.econbiz.de/10011375923

The Rationality Bias

Hagenhoff, Tim; Lustenhouwer, Joep - 2019

We analyze differences in consumption and wealth that arise because of different degrees of rationality of households … other fraction possesses less cognitive ability. We identify the rationality bias of boundedly rational agents, defined as a … rationality bias can be decomposed into three individual components: the consumption expectation bias, the real interest rate bias …