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来源类型 | Report |
规范类型 | 报告 |
Geneva 18: What Else Can Central Banks Do | |
Laurence Ball; Joseph Gagnon; Patrick Honohan; Signe Krogstrup | |
发表日期 | 2016-09-02 |
出处 | Geneva Reports on the World Economy |
出版年 | 2016 |
语种 | 英语 |
摘要 | Central banks can do more to stimulate economies and restore full employment, even when nominal interest rates are near zero. Quantitative easing has had beneficial effects already and can be expanded; policymakers can push interest rates substantially below zero. Central banks can also increase their scope for countercyclical policy by raising their inflation targets modestly. Eventually, the trend toward cashless economies may eliminate completely the problems arising from the lower bound on interest rates. The 18th Geneva Report on the World Economy seeks to provide policymakers with a developed selection of stimulus methods in order to tackle secular stagnation in advanced economies. With most options having already been explored, this report contributes to current stimulus policies and how they can be expanded and implemented to greater effect. |
URL | https://cepr.org/publications/books-and-reports/geneva-18-what-else-can-central-banks-do |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529144 |
推荐引用方式 GB/T 7714 | Laurence Ball,Joseph Gagnon,Patrick Honohan,et al. Geneva 18: What Else Can Central Banks Do. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
60196-geneva_18_what(2765KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
Book - 117.jpeg(5KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | ![]() 浏览 |
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