Central Bank Independence. Fundamental and Substantive Issues (II)

      Аннотация: As well as highlighting why Unconventional Monetary Policy Tools have become soimportant, this volume aims to highlight wide ranging implications frommonetary and stability goals, to environmental implications....... With a focus on the Report of the Working Group and Committee on the GlobalFinancial System Unconventional Monetary Policy Tools A Cross CountryAnalysis”, the volume also aims to contribute to the extant literature on the topic by proposing how the role carried out by certain unconventional monetary policy tools, namely tools for forward guidance, could be harnessed to great potential through emerging technologies such as Artificial Intelligence and machine learningtechnologies.

Ключевые слова: Leaning Against the Wind Policy, monetary policies, Central Banks, asset purchase program, forward guidance, negative interest rates, unconventional monetaray policies