Epilogue

Dimitris N. Chorafas

A chapter in The Changing Role of Central Banks, 2013, pp 241-255 from Palgrave Macmillan

Abstract: Abstract A decade from now, most likely, Harvard University will make a case study of what has happened from the 2007 crisis till now, asking graduate students to comment whether monetary policy by Western central banks was ahead of the curve or off the rails. An integral part of this case study would be the fact that in Euroland alone 18 million people have been out of work with a staggering 55 percent of young people unemployed in Greece and Spain—and with millions more unemployed in the United States.

Keywords: Monetary Policy; Central Bank; Money Supply; Public Debt; European Central Bank (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-33228-8_11

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DOI: 10.1057/9781137332288_11

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