Ogunmola, Gabriel; Chien, Fengsheng; Chau, Ka Yin; Li, Li - In: Journal of central banking theory and practice 11 (2022) 2, pp. 5-26
The United States is recognized as the largest economic entity in the world and its financial system has developed steadily through the guidance of the Federal Reserve System for over one hundred years. However, in recent years, the global economic downturn, coupled with the global COVID-19...