Unconventional monetary policies revisited (Part I & ΙΙ)
Bossone, Biagio. Ιn response to the Global Crisis and Great Recession central banks have embarked on a variety of unconventional monetary policies. This column, part of a two-column series, reviews the range of unconventional measures that have been implemented or proposed. The second instalment will compare the various policies. Πηγή: Voxeu Part Ι, Part ΙΙ
The Legacy of Austerity in the Eurozone
De Grauwe, Paul, Ji, Yuemei. The recent slight improvement in the GDP growth rates in the eurozone has led European policy-makers to proclaim victory and assert that the austerity programmes imposed within the eurozone are paying off. But is this really the case? In this Commentary Paul De Grauwe and Yuemei Ji argue that the improvement […]