Skip to main content

Economic Synopses

Short essays on the economic issues of the day written for a generally informed readership.

2012, No. 18

The Efficacy of Monetary Policy: A Tale from Two Decades

Little difference in economic performance during the past two decades…is consistent with the theoretical and empirical evidence that monetary policy has no permanent effect on real variables.


Subscribe to our newsletter

Follow us

Twitter logo Google Plus logo Facebook logo YouTube logo LinkedIn logo
Back to Top