Søkt på: Serie Macroeconomic Policy Making
totalt 6 treff
Macroprudential Policy and Practice
Macroprudential policy is perhaps the most important new development in central bank policymaking circles since the global financial crisis, and reliance on such policies has …
Questioning Credible Commitment
Financial capitalism emerged in a recognisably modern form in late seventeenth- and eighteenth-century Great Britain. Following the seminal work of Douglass C. North and Barry R. …
Interest Rates, Prices and Liquidity
Many of the assumptions that underpin mainstream macroeconomic models have been challenged as a result of the traumatic events of the recent financial crisis. Thus, until recently, …
Developments in Macro-Finance Yield Curve Modelling
Changes in the shape of the yield curve have traditionally been one of the key macroeconomic indicators of a likely change in economic outlook. However, the recent financial crises …
The UK Economy in the Long Expansion and its Aftermath
The financial crisis of 2007–11 has now been analysed and explained from almost every conceivable standpoint. Far less attention has been paid to the long business cycle expansion …
Reflections on Monetary Policy after 25 years of the MPC
The Bank of England was given operational independence by the UK Parliament in 1997. The key feature of this independence is that the Bank's Monetary Policy Committee has sole …