Learning from Japan: The European Central Bank and the European Sovereign Debt Crisis
(2014)
Journal Article
Gabor, D. (2014). Learning from Japan: The European Central Bank and the European Sovereign Debt Crisis. Review of Political Economy, 26(2), 190-209. https://doi.org/10.1080/09538259.2014.881010
What shapes central banks' learning from the policy experiments of their peers? Both economic ideas and organizational interests play important roles. Thus, New Keynesian ideas led central banks to interpret Japan's experience with quantitative easin... Read More about Learning from Japan: The European Central Bank and the European Sovereign Debt Crisis.