Rund um den Globus läuft ein Großangriff auf unseren Wohlstand. Die neuen Nationalisten wollen Grenzen schließen, den Handel beschränken, die internationale Verflechtung der Wirtschaft zurückdrehen. Für den Exportweltmeister Deutschland ist diese schleichende Deglobalisierung besonders...

1 Introduction.- 2 Transmission Channels for Quantitative Easing and Effects on Interest Rates -- 3 The Central Bank Loss Function and Quantitative Easing as a Stackelberg Game -- 4 The Effect of Quantitative Easing on Interest Rates -- 5 Broader Economic Effects on Quantitative Easing -- 6...

In the 1980s and 1990s successive United Kingdom governments enacted a series of reforms to establish a more market-oriented economy, closer to the American model and further away from its Western European competitors. Today, the United Kingdom is one of the least regulated economies in the...