THE STRENGTHS AND WEAKNESSES OF BANK OF ENGLAND’S MONETARY POLICY TAKING INEQUALITY AND CLIMATE CHANGE INTO ACCOUNT
The Strengths and Weaknesses of Bank of England’s monetary policy taking inequality and climate change into Account While fiscal policy has gotten a lot of attention as a contributor to inequality, the impact of monetary policy has yet to be determined. Some research take opposing positions on the subject: For example, Galbraith (1998) claims that tight inflation targeting policies resulted in a series of recessions, greater unemployment rates, and hence ...
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