Macroprudential Regulatory Policies The New Road To Financial Stability World Scientific Studies In International Economics -

economic research federal reserve bank of san francisco - the federal reserve has typically used a short term interest rate as the policy tool for achieving its macroeconomic goals however with short term rates constrained near zero for much of the past decade the fed was impelled to use two unconventional monetary policy tools forward guidance and quantitative easing, publications levy economics institute - lauchlin currie and hyman minsky on financial systems and crises in november 1987 hyman minsky visited bogot colombia after being invited by a group of professors who at that time were interested in post keynesian economics