The Effectiveness of Monetary Policy since the Onset of the Financial Crisis
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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In the wake of the Great Recession, a massive monetary policy stimulus was provided in the main OECD
economies. It helped to stabilise financial markets and avoid deflation. Nonetheless, GDP growth has been
sluggish and in some countries lower than expected given the measures taken, and estimated economic slack
remains large. In this context, this...



