Discover how a policy mix combines fiscal and monetary policies to stabilize economies. Learn its components, benefits, and ...

Explore "fool in the shower," Milton Friedman's metaphor explaining monetary policy's timing challenges and how ...

The Federal Reserve’s interest rate cuts have been a hot topic of conversation among economists, financial analysts, and investors alike. The burning question on everyone’s mind is: How many times ...

How does rational inattention interact with financial frictions? I provide new empirical evidence from survey data suggesting that this interaction likely plays a critical role in understanding ...

New research employing advanced machine learning techniques reveals that China's collateral monetary policy has significantly stimulated shadow banking growth while increasing bank risks. The study ...