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...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
De Gruyter
2019-12-01
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Series: | Economics: Journal Articles |
Subjects: | |
Online Access: | https://doi.org/10.5018/economics-ejournal.ja.2019-35 |