Economic Crises and the Substituion of Fiscal Policy by Monetary Policy
The paper discusses the latest economic crisis and the public policies used to mitigate the recession and improve the economic growth. The current target rate (monetary policy) is closed to zero since December 2008 with a new experimental policy (“quantitative easing”) to stimulate investment, grow...
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| Format: | Article |
| Language: | English |
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EconJournals
2014-11-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://econjournals.com/index.php/ijefi/article/view/963 |