All ebooks by Fabian Schnell in PDF
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All ebooks by Fabian Schnell in PDF


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Download this eBook Heterogeneity in Macroeconomics and its Implications for Monetary Policy
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Heterogeneity in Macroeconomics and its Implications for Monetary Policy


Fabian Schnell


Fabian Schnell develops a model indicating that by keeping real interest rates too low, monetary policy can distort the allocation of resources across firms and potentially delay economic recovery after a recession. This is a new channel of monetary policy that is...

Publication date: 2015-04-28
Format: PDF
Publisher: Springer Gabler
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£44,99

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