Essays on optimal monetary and fiscal policy
This thesis is a contribution to the study of the biggest challenge in monetary-policy making in the last two or three decades: the ineffectiveness of monetary policy to achieve positive stimulus of aggregate demand in the environment of extremely low interest rates – the, so called, zero lower boun...
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| Format: | Default Thesis |
| Published: |
2025
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| Online Access: | https://dx.doi.org/10.26174/thesis.lboro.29237534.v1 |
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