Summary of Crowd Out and Accommodative Monetary Policy Theory (Chapters 4–6)

John Heim

Chapter Chapter 26 in Why Fiscal Stimulus Programs Fail, Volume 1, 2021, pp 521-524 from Springer

Abstract: Abstract This chapter summarizes the crowd out and loanable funds theory Chapters ( 4 – 6 ). It also summarizes Chapters ( 7 – 9 ) which analyze the mechanics of implementing accommodative monetary policy, and how successful it has been. It concludes that until, quantitative easing, it was not very successful.

Keywords: Crowd out; Loanable funds; Accommodative monetary policy; Primary dealers; Investment banks (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-65675-1_26

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DOI: 10.1007/978-3-030-65675-1_26

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