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Guest editor's introduction: What monetary policy can and cannot do

Daniel Thornton

Journal of Macroeconomics, 2016, vol. 47, issue PA, 1-4

Abstract: This introduction briefly discusses each of the 10 papers that make up the special issue of the Journal. Specifically, I briefly describe each paper and, when appropriate, I add my own critique. I hope you find these papers as interesting and informative as I have.

Keywords: Monetary policy; Financial crisis; Policy effectiveness; Unconventional monetary policy; Phillips curve; Output gap; Federal funds rate (search for similar items in EconPapers)
JEL-codes: E4 E5 E6 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jmacro:v:47:y:2016:i:pa:p:1-4

DOI: 10.1016/j.jmacro.2015.12.004

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