Financial evolution and the declining effectiveness of US monetary policy since the 1980s
This dissertation argues that the effectiveness of US monetary policy has been decreasing since the beginning of the 1990s. This is in contrast to the literature which either argues that it has not weakened or that the weakening started much later. There have been two very important trends in the re...
Main Author: | |
---|---|
Language: | ENG |
Published: |
ScholarWorks@UMass Amherst
2011
|
Subjects: | |
Online Access: | https://scholarworks.umass.edu/dissertations/AAI3445154 |