Matches in SemOpenAlex for { <https://semopenalex.org/work/W593395025> ?p ?o ?g. }
- W593395025 abstract "This paper examines the Federal Reserve's recent policy of quantitative easing by looking back at the experience of the 1930s and 1940s when the Fed, under Treasury control, kept interest rates at levels comparable to today and its balance sheet increased similarly. The paper also presents macroeconomic evidence based on the labor market, the growth of the money supply, and the behavior of real GDP and the unemployment rate in addition to a comparison of the Federal funds rate with the Taylor Rule rate and the shadow funds rate. Because of issues connected to its large balance sheet, the Fed may use tools other than the federal funds rate to tighten monetary policy. Returning to a higher (more normal) rate environment will remove some of the distortions that have accompanied the long period of abnormally low interest rates. But rising rates will also present problems for public finance and for the distribution of income that all but guarantees political rancor in the future." @default.
- W593395025 created "2016-06-24" @default.
- W593395025 creator A5091502988 @default.
- W593395025 date "2014-11-01" @default.
- W593395025 modified "2023-09-27" @default.
- W593395025 title "Exiting from Low Interest Rates to Normality: An Historical Perspective" @default.
- W593395025 cites W111724821 @default.
- W593395025 cites W1482487609 @default.
- W593395025 cites W1498796549 @default.
- W593395025 cites W1506036962 @default.
- W593395025 cites W1507674615 @default.
- W593395025 cites W1524549920 @default.
- W593395025 cites W1528857264 @default.
- W593395025 cites W1544434963 @default.
- W593395025 cites W1562839867 @default.
- W593395025 cites W1566165841 @default.
- W593395025 cites W1584032204 @default.
- W593395025 cites W1584269235 @default.
- W593395025 cites W1595836740 @default.
- W593395025 cites W1876057159 @default.
- W593395025 cites W1978282661 @default.
- W593395025 cites W1994378139 @default.
- W593395025 cites W2001961735 @default.
- W593395025 cites W2002541471 @default.
- W593395025 cites W2013860961 @default.
- W593395025 cites W2019562442 @default.
- W593395025 cites W2064582771 @default.
- W593395025 cites W2066681792 @default.
- W593395025 cites W2068075396 @default.
- W593395025 cites W2089900654 @default.
- W593395025 cites W2095169544 @default.
- W593395025 cites W2097021519 @default.
- W593395025 cites W2140898820 @default.
- W593395025 cites W2142014636 @default.
- W593395025 cites W2145460343 @default.
- W593395025 cites W2152110580 @default.
- W593395025 cites W2201791590 @default.
- W593395025 cites W2240018184 @default.
- W593395025 cites W2323266160 @default.
- W593395025 cites W2341612675 @default.
- W593395025 cites W2481584700 @default.
- W593395025 cites W2553623971 @default.
- W593395025 cites W2889880131 @default.
- W593395025 cites W2891379805 @default.
- W593395025 cites W3022178869 @default.
- W593395025 cites W3022817938 @default.
- W593395025 cites W3121144117 @default.
- W593395025 cites W3121907247 @default.
- W593395025 cites W3122278242 @default.
- W593395025 cites W3122286346 @default.
- W593395025 cites W3122846673 @default.
- W593395025 cites W3123444511 @default.
- W593395025 cites W3124093816 @default.
- W593395025 cites W3124232024 @default.
- W593395025 cites W3124640711 @default.
- W593395025 cites W3124738103 @default.
- W593395025 cites W3124765513 @default.
- W593395025 cites W3124995768 @default.
- W593395025 cites W3148013981 @default.
- W593395025 cites W932226253 @default.
- W593395025 hasPublicationYear "2014" @default.
- W593395025 type Work @default.
- W593395025 sameAs 593395025 @default.
- W593395025 citedByCount "2" @default.
- W593395025 countsByYear W5933950252016 @default.
- W593395025 countsByYear W5933950252020 @default.
- W593395025 crossrefType "posted-content" @default.
- W593395025 hasAuthorship W593395025A5091502988 @default.
- W593395025 hasConcept C10138342 @default.
- W593395025 hasConcept C117797892 @default.
- W593395025 hasConcept C126285488 @default.
- W593395025 hasConcept C139719470 @default.
- W593395025 hasConcept C154815372 @default.
- W593395025 hasConcept C15744967 @default.
- W593395025 hasConcept C162324750 @default.
- W593395025 hasConcept C166957645 @default.
- W593395025 hasConcept C175025494 @default.
- W593395025 hasConcept C183206440 @default.
- W593395025 hasConcept C2778333325 @default.
- W593395025 hasConcept C2780889827 @default.
- W593395025 hasConcept C542102704 @default.
- W593395025 hasConcept C556758197 @default.
- W593395025 hasConcept C95457728 @default.
- W593395025 hasConceptScore W593395025C10138342 @default.
- W593395025 hasConceptScore W593395025C117797892 @default.
- W593395025 hasConceptScore W593395025C126285488 @default.
- W593395025 hasConceptScore W593395025C139719470 @default.
- W593395025 hasConceptScore W593395025C154815372 @default.
- W593395025 hasConceptScore W593395025C15744967 @default.
- W593395025 hasConceptScore W593395025C162324750 @default.
- W593395025 hasConceptScore W593395025C166957645 @default.
- W593395025 hasConceptScore W593395025C175025494 @default.
- W593395025 hasConceptScore W593395025C183206440 @default.
- W593395025 hasConceptScore W593395025C2778333325 @default.
- W593395025 hasConceptScore W593395025C2780889827 @default.
- W593395025 hasConceptScore W593395025C542102704 @default.
- W593395025 hasConceptScore W593395025C556758197 @default.
- W593395025 hasConceptScore W593395025C95457728 @default.
- W593395025 hasLocation W5933950251 @default.
- W593395025 hasOpenAccess W593395025 @default.