Canuto, Otaviano; Nallari, Raj; Griffith, Breda - In: World Bank - Economic Premise (2014) 139, pp. 1-10
In the aftermath of the recent global financial crisis, advanced economies have continued to experience sluggish growth. Is this slow postcrisis growth the result of a policy response that was overly reliant on monetary policy, which ran into the zero interest rate lower bound before growth was...