Hysteresis Effects and Macroeconomics Gains from Unconventional Monetary Policies Stabilization
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More about this item
Keywords
Great Recession; production; unemployment; financial frictions; hysteresis; insiders; outsiders; unconventional monetary policies; credit easing.;All these keywords.
JEL classification:
- E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- G01 - Financial Economics - - General - - - Financial Crises
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2020-11-16 (Central Banking)
- NEP-FDG-2020-11-16 (Financial Development & Growth)
- NEP-MAC-2020-11-16 (Macroeconomics)
- NEP-MON-2020-11-16 (Monetary Economics)
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