Growth prospects, the natural interest rate, and monetary policy

The recovery from the Global Financial Crisis was characterized by sluggish output growth and by inflation remaining persistently below the inflation targets of central banks in many advanced economies despite an unprecedented monetary expansion. Ten years after the Global Financial Crisis, GDP rema...

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Bibliographic Details
Main Authors: Fiedler Salomon, Gern Klaus-Jürgen, Jannsen Nils, Wolters Maik
Format: Article
Language:English
Published: De Gruyter 2019-12-01
Series:Economics: Journal Articles
Subjects:
Online Access:https://doi.org/10.5018/economics-ejournal.ja.2019-35