Download This PaperStrategic Review and Beyond: Rethinking Monetary Policy and Independence
22 Pages Posted: 19 Aug 2020
Date Written: May, 2020
Abstract
I survey monetary policy strategy, regulation, and central banks’ mandates and independence. I do not think strongly negative interest rates, vastly expanded quantitative easing, or extensive forward guidance can or should stimulate in the next recession.
JEL Classification: E52, E58, E61, G28
Suggested Citation: Suggested Citation
Cochrane, John H., Strategic Review and Beyond: Rethinking Monetary Policy and Independence (May, 2020). Available at SSRN: https://ssrn.com/abstract=3676532 or http://dx.doi.org/10.20955/r.102.99-119
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