學門類別
哈佛
- General Management
- Marketing
- Entrepreneurship
- International Business
- Accounting
- Finance
- Operations Management
- Strategy
- Human Resource Management
- Social Enterprise
- Business Ethics
- Organizational Behavior
- Information Technology
- Negotiation
- Business & Government Relations
- Service Management
- Sales
- Economics
- Teaching & the Case Method
最新個案
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Unconventional Monetary Policy
內容大綱
Unconventional monetary policy has become the norm since the 2008 financial crisis. Central bank balance sheets have swelled and new tools for interest rate control have now emerged. This technical note provides a framework to help students understand the nature of unconventional monetary policy and interpret recent changes in how short-term policy rates are controlled. It can serve as a technical supplement to an event-study case on monetary policy responses to the 2008 financial crisis and/or the COVID-19 pandemic. It would also complement a case on monetary policy in a world with central bank digital currency. Alternatively, it can form the basis of its own tool-building class ahead of such cases.