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Routledge Monetary Policy after Great Recession - Interest Rates Study

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Description

This Routledge scholarly work examines monetary policy effectiveness following the Great Recession, challenging conventional wisdom about interest rate transmission mechanisms. The author argues that standard economic assumptions about low interest rates stimulating growth are fundamentally flawed, explaining why extended periods of historically low rates have failed to produce robust economic recovery. Drawing on historical economic analysis and contemporary evidence, the book questions the erroneous foundations underlying monetary transmission theory and provides critical insight into why traditional interest rate policy has underperformed expectations. Essential reading for economists, policymakers, academics, and finance professionals seeking to understand the limitations of contemporary monetary policy frameworks and the complex relationship between interest rates and economic growth in post-recession environments.

Key Features

Routledge International Studies in Money and Banking series entry offering peer-reviewed analysis of monetary policy mechanisms and their real-world effectiveness.

Challenges conventional understanding of how interest rates transmit through the economy to stimulate growth and employment.

Examines why sustained below-zero and near-zero interest rates in multiple countries failed to deliver expected economic recovery following the Great Recession.

Provides critical theoretical framework for understanding monetary policy limitations and transmission mechanism flaws.

Relevant for economists, central bankers, policymakers, and finance scholars analysing post-recession economic policy outcomes.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
10 November 2020
Listed Since
30 May 2020

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