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  1. 1 giorno fa · It cites former Federal Reserve chair, Ben Bernanke, who argued: “A central bank subject to short-term political influences would likely not be credible when it promised low inflation, as the public would recognize the risk that monetary policymakers could be pressured to pursue short-run expansionary policies that would be inconsistent with long-run price stability.”

  2. 3 ore fa · And, the growth of labor productivity seems to be driving the real economic growth that is taking place in the U.S. economy. From the third quarter of 2009 up to the fourth quarter of 2019, as you ...

  3. 15 ore fa · Ben Bernanke once famously said that “the problem with quantitative easing is that it works in practice, but it doesn’t work in theory”. The case for irrelevance is based on the “Wallace neutrality”, which states that changes in the size and composition of a central bank balance sheet should – under certain conditions – have no effect on asset prices, output or inflation.

  4. 2 giorni fa · No Future Without the Market. 29 Apr 2009, by Giuliano Iannotta - assistant professor di financial markets and institutions e responsabile della Divisione banking del Carefin Bocconi. Nationalizations can only be short-term solutions. Government-owned banks are less efficient and profitable, although depositors consider them safer.

  5. 3 giorni fa · After leaving office, Fed Chairman Ben Bernanke wrote a book called “The Courage to Act” in which he recalled: “A week after our announcement, President Obama heard a torrent of criticism of QE2 while attending a G20 summit in Seoul, South Korea. When I next met with him, two months later, I jokingly apologized for causing him so much ...

  6. 4 giorni fa · politica monetaria. La Bank of England ha dato incarico a Ben Bernanke, già Chairman della Fed e Premio Nobel dell’economia, di consigliarla ad affrontare il problema. Il 12 aprile scorso egli ha presentato le sue proposte, suggerendo di fare ricorso a nuovi modelli previsivi e a una strategia

  7. 1 giorno fa · Ben Bernanke, then FED chairman said that the issue was contained in mid 2007 but he wasn’t right at all. The mortgage-backed securities had spread all over the world secretly and suddenly their market had vanished. In September 2007, UK Bank Northern Rock was bailed out by the BoE.

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