£136.27

Routledge Monetary Policy after the Great Recession Book

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Description

Explore the complexities of modern economics with Monetary Policy after the Great Recession: The Role of Interest Rates. This volume from the Routledge International Studies in Money and Banking series examines why economic recovery remained weak despite years of interest rates sitting well below two percent, and in some cases, even below zero. The book challenges the standard understanding of the monetary transmission mechanism. It argues that current economic models rely on flawed assumptions, such as the idea that low interest rates always drive economic growth. By questioning these long-held beliefs, the text provides a necessary perspective on how central bank actions impact global markets. This is an essential resource for students, academics, and professionals in business, finance, and law. It offers a deep look into the disconnect between monetary tools and real-world economic outcomes following the Great Recession. Understand the theoretical errors that shape modern financial policy and the actual impact of interest rate fluctuations on a global scale.

Key Features

Examines the role of interest rates in the aftermath of the Great Recession and why traditional stimulus methods saw disappointing results.

Challenges the standard monetary transmission mechanism by identifying erroneous assumptions used in current economic models.

Part of the Routledge International Studies in Money and Banking series, providing academic depth for finance professionals.

Analyzes the impact of near-zero and negative interest rates on global economic recovery and growth patterns.

Provides a critical look at why low interest rates do not always lead to the expected economic stimulation.

Product Specifications

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

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