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The co-evolution of monetary policy and the US financial system: declining effectiveness of US monetary policy

In: Central Banks and Financial Markets

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Abstract

In the wake of the financial crisis of 2008, there has been increasing debate over the appropriate role of central banks in mitigating economic disaster. This timely volume combines detailed historical and econometric analyses to explore the profound changes that occurred within the US financial system from the 1980s to the present, and shows how these changes have affected the US economy.

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  • ., 2013. "The co-evolution of monetary policy and the US financial system: declining effectiveness of US monetary policy," Chapters, in: Central Banks and Financial Markets, chapter 2, pages 11-71, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14867_2
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    Keywords

    Economics and Finance;

    Statistics

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