A half-century diversion of monetary policy? An empirical horserace to identify the UK variable most likely to deliver the desired nominal GDP growth rate
The financial crisis of 2007-2008 triggered monetary policy designed to boost nominal demand, including 'Quantitative Easing', 'Credit Easing', 'Forward Guidance' and 'Funding for Lending'. A key aim of these policies was to boost the quantity of bank credit t...
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| Format: | Journal article |
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Elsevier
2016
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