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monetary policy reform in a world dominated by financial markets has led to the erosion of the allocation and signaling … of the liquidity trap. In this context, monetary reform is discussed with respect to the exit from low interest rate and …
Persistent link: https://www.econbiz.de/10009508892
benign neglect towards monetary policy reform in a world dominated by financial markets has led to a erosion of the … hysteresis of low interest rates and high government debt levels. In this context, monetary reform is discussed with respect to … the exit from low interest rates and high debt policies and a reform of the prevalent world monetary system. It is …
Persistent link: https://www.econbiz.de/10009769015
This paper proposes a comprehensive yet evolutionary reform of the global monetary non-system that evolved out of the …
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