金融と通貨システム
Quantitative easing: Does it work?
Former Federal Reserve Chairman Ben Bernanke famously quipped in 2014 that QE “works in practice, but it doesn’t work in theory”. Central banks around the world seem convinced; among othe...
Amir Kermani is an Assistant Professor in Haas School of Business at UC Berkeley and a Faculty Research Fellow at the National Bureau of Economic Research.