Discover how a policy mix combines fiscal and monetary policies to stabilize economies. Learn its components, benefits, and ...

Explore unconventional monetary policy, including quantitative easing, and learn how these strategies can stimulate economic ...

Central banks conduct monetary policy to achieve price stability, but decisions also have effects on labor-market outcomes. In this paper, we identify exogenous monetary shocks with the ‘interest rate ...

In any meeting of monetary policymakers, uncertainty is likely to play an important role in their deliberations. According to Alan Greenspan (2003), “Uncertainty is not just an important feature of ...

ORLANDO, Florida, Aug 27 (Reuters) - There is legitimate debate about the actual independence of modern-day central banks, but almost everyone agrees that overt politicization of monetary policy – as ...

This paper sheds new light on an overlooked channel of monetary transmission: the relationship between central bank interest rate policy and the economy’s trade position. It examines the impact of ...

The crisis of the past two years has underscored the connections between monetary policy, which seeks to foster maximum employment and price stability, and regulatory policy, which works to protect ...