The timeliness of the effects of monetary policy: the new evidence from econometric models
The usefulness of monetary policy for smoothing out cyclical movements or keeping the economy on its desired growth path has long been a matter of debate. In the past, monetary policy was often condemned as being ineffectual. More recently, discretionary monetary policy has been condemned on the gro...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2014-03-01
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| Series: | PSL Quarterly Review |
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| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11719 |