central banking

A collection of 12 posts

"central banking" posts   Page 2 of 2  

Recognizing the importance of redistribution channels of monetary policy

Are we using inadequate models to make predictions? From Amir Sufi's Andrew Crockett Memorial Lecture: During normal times, monetary policy affects the real economy primarily through...

What are the effects of QE?

Last month, I posted nine opinions about quantitative easing. This week, Brookings devoted half a day to the (hypothesized) effects of QE on inequality: A widely...

Nine perspectives on quantitative easing

Global Impact and Challenges of Unconventional Monetary Policies; IMF Policy Paper The paper definies unconventional monetary policies (UMP) of two types: policies to restore market functioning...

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