Central Bank Policy

Publication date: 1 Apr 2020 | Publication type: Policy Paper | Authors: Bougheas | JEL classification: E58, E64, H51
The purpose of this article is twofold. Firstly, it argues that it is doubtful that the currently announced policies will achieve their targets while they create substantial obstacles to the recovery of the post-crisis economy. Secondly, it proposes an alternative plan that its aim is (a) to ensure...