Publications

Policy Note 2005/3 | April 2005

Is the Dollar at Risk?

A massive fiscal stimulus and, until recently, aggressive monetary easing have been successful in raising bond and real estate prices to unprecedented levels, inducing a credit boom that has prevented private consumption from falling. While it might still be too early to say that it worked, the strategy has indeed, for the time being, prevented the United States economy from slipping into a severe depression after the collapse of the stock market at the turn of the millennium.
Download:
Associated Program:
Author(s):
Korkut A. Ertürk

Publication Highlight

Public Policy Brief No. 144
A Two-Tier Eurozone or a Euro of Regions?
A Radical Proposal Based on Keynes’s Clearing Union
Author(s): Jan Kregel
September 2017

Quick Search

Search in: