Distortions in financial markets and monetary policy
This thesis investigates distortions in credit and equity markets. It provides insight into sources of volatility in these markets and their implications for monetary policy. Chapter 2 analyses optimal monetary policy in an economy with a credit friction and capital. A central bank implementing poli...
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London School of Economics and Political Science (University of London)
2012
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.570993 |