Concluding Remarks: Is It Possible to Return to a “Normalization” of Monetary Policy?

Jan Kregel

A chapter in Monetary Policy Normalization, 2023, pp 185-209 from Springer

Abstract: Abstract This chapter surveys how government policy decisions have influenced the evolution of the financial system that monetary policy seeks to influence, and how major economists have formulated theories to frame policy analysis. It concludes with some possible alternative scenarios for the design of the financial system and the policy appropriate to their influence.

Keywords: Monetary policy normalization; Financial markets; John Maynard Keynes; Friedrich Hayek; David Ricardo (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-031-38708-1_10

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DOI: 10.1007/978-3-031-38708-1_10

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