Unconventional monetary policy and the Federal reserve

著者

    • Dawson, Payton E.
    • West, Dennis A.

書誌事項

Unconventional monetary policy and the Federal reserve

Payton E. Dawson and Dennis A. West, editors

(Monetary, fiscal and trade policies series)

Nova Science Publishers, c2013

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注記

Includes bibliographical references and index

内容説明・目次

内容説明

The "Great Recession" and the ensuing weak recovery have led the Federal Reserve (Fed) to re-evaluate its monetary policy. Since December 2008, overnight interest rates have been near zero; at this "zero bound," they cannot be lowered further to stimulate the economy. As a result, the Fed has taken unprecedented policy steps to try to fulfil its statutory mandate of maximum employment and price stability. Congress has oversight responsibilities for ensuring that the Fed's actions are consistent with its mandate. This book analyses the economic effects of these programs, the current economic context in which these policies have been adopted, policy alternatives that the Fed has not pursued to date and their potential effects, potential legislative options for restricting the Fed's pursuit of unconventional monetary policy, and issues surrounding the eventual "exit strategy" from unconventional policy.

目次

  • Preface
  • Federal Reserve: Unconventional Monetary Policy Options
  • Monetary Policy & the Federal Reserve: Current Policy & Conditions
  • Monetary Policy Alternatives at the Zero Bound: An Empirical Assessment
  • Index.

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詳細情報

  • NII書誌ID(NCID)
    BB13627642
  • ISBN
    • 9781626186378
  • 出版国コード
    us
  • タイトル言語コード
    eng
  • 本文言語コード
    eng
  • 出版地
    New York
  • ページ数/冊数
    x, 153 p.
  • 大きさ
    24 cm
  • 親書誌ID
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