Atkeson, Andrew and Patrick J. Kehoe. 2004. “Deflation and Depression: Is There an Empirical Link?” American Economic Review
, 94(2): 99–103CrossRefGoogle Scholar
Authers, John. 2016. “Alarm Over Corporate Debt and Stalled Earnings.” Financial Times, April 27.
Bank for International Settlements, 2011. “Global Liquidity: Concept, Measurement and Policy Implications.” Committee on the Global Financial System, No. 45.
Bank for International Settlements, 2016. Annual Report. Basel.
Baranova, Yuliya, Zijun Liu and Joseph Noss. 2016. “Collateral and Market Stress: What are the Risks?” Bank Underground, Bank of England, September 7.
BCA Research, 2016. “US Corporate Health gets a Failing Grade,” January 28.
Bernholz, Peter. 2006. Monetary Regimes and History: Economic and Political Relationships
. MPG Books.Google Scholar
Blundell-Wignal, Adrian and Carolin Roulet. 2014. “Stagnation Hypotheses: What do Company Data on Infrastructure and Other Investments in the Global Economy Tell Us?” Committee on Financial Markets, OECD.
Borio, Claudio and William R. White. 2003. “Whither Monetary and Financial Stability: The Implications of Evolving Policy Regimes?” In Monetary Policy and Uncertainty: Adapting to a Changing Economy. Federal Reserve Bank of Kansas City.
Borio, Claudio, Piti Disyatat and Mikael Juselius. 2013. “Rethinking Potential Output: Embodying Information about the Financial Cycle” BIS Working Papers 404, Bank for International Settlements.
Borio, Claudio, Enisse Kharroubi, Christian Upper and Fabrizio Zampolli. 2015. “Labour reallocation and Productivity Dynamics: Financial Causes, Real Consequences.” BIS Working Papers 534, Bank for International Settlements.
Buiter, Willem. 2009. “Islamic Finance Principles to Restore Policy Effectiveness” Financial Times/Blog/Maverecon
, July 22. http://blogs.ft.com/maverecon/2009/07/islamic-finance-principles-to-restore-policy-effectiveness/#axzz4K9f4ypL8
, accessed September 13, 2016.
Buttiglione, Luigi, Philip R. Lane, Lucrezia Reichlin and Vincent R. Reinhart. 2014. “Deleveraging? What Deleveraging?” 16
Geneva Report on the World Economy, International Centre for Monetary and Banking Studies.
Cecchetti, Stephen G. and Enisse Kharroubi. 2015. “Why Does Financial Sector Growth Crowd Out Real Economic Growth?” BIS Working Papers 490, Bank for International Settlements.
Domanski, Dietrich, Michela Scatigna and Anna Zabai. 2016. “Wealth Inequality and Monetary Poicy.” BIS Quarterly Review, March.
Eurofi. 2016. “Summary of Discussions: Resilience, Digitalisation, Growth Challenges” The Eurofi High Level Seminar, April 21–22.
Fahr, Stephan, Roberto Motto, Massimo Rostagno, Frank Smets and Oreste Tristani. 2011. “Lessons for Monetary Policy Strategies from the Recent Past” In Approaches to Monetary Policy Revisited—Lessons from the Crisis, edited by M Marek Jarociński, and Christian Thimann, European Central Bank.
Financial Stability Board. 2016. “FSB Publishes Further Guidance on Resolution Planning and Fifth Report to the G20 on Progress in Resolution.” Press release, August 18.
Friedman, Milton. 1968. “The Role of Monetary Policy.” American Economic Review
, 58(1): 1–17Google Scholar
Funke, Manuel, Moritz Schularick and Christoph Trebesch. 2015. “Going to Extremes: Politics after Financial Crisis, 1870–2014” CESifo Working Paper No. 5553.
Gordon, Robert J. 2016. The Rise and Fall of American Growth: The US Standard of Living Since the Civil War
. Princeton University Press, Princeton, NJ.CrossRefGoogle Scholar
Hayek, Friederich A. 1933. Monetary Theory and the Trade Cycle. Translated by Nicholas Kaldor. Martino Fine Books.
Hoffman, Daniel M. 2013. “The Poisonous Prescription of Low Interest rates—Were Banks Rescued at the Expense of the Insurance Industry?” Insurance Economics No 68.
Kindelberger, Charles P. and Robert Z. Aliber. 2005. Manias, Panics and Crashes, 5th edn. Palgrave-Macmillan.
Koo, Richard. 2003. Balance Sheet Recession. Wiley.
Marriage, Madison. 2016. “Passive Funds Take Third of US Market,” FTfm, September 12.
Mason, J. W. 2015. “Disgorge the Cash: The Disconnect between Corporate Borrowing and Investment.” Roosevelt Institute.
Maynard, Keynes J. 1930. The Treatise on Money. Harcourt Brace and Company.
Maynard, Keynes J., 1936. The General Theory of Employment, Interest and Money. Cambridge University Press.
McKinsey Global Institute, 2015. “Debt and (Not Much) Deleveraging.” January.
Minsky, Hyman P. 1986. Stabilizing an Unstable Economy. McGraw Hill.
Miron, Jeffrey. 2016. U.S. Fiscal Imbalance Over Time: This Time is Different. Cato Institute.
Orphanides, Athansios. 2001. “Monetary Policy Rules Based on Real Time Data.” American Economic Review
, 91(4): 964–985.CrossRefGoogle Scholar
Phelps, Edmund S. 1968. “Money Wage Dynamics and Labor Market Equilibrium.” Journal of Political Economy
, 76(4 (Part 2)): 678–711.CrossRefGoogle Scholar
Reinhart, Carmen M., Kenneth S. Rogoff. 2009. This Time is Different: Eight Centuries of Financial Folly. Princeton University Press.
Reinhart, Carmen M. and Kenneth S. Rogoff. 2013. “Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten” International Monetary Fund Working Paper 266.
Reinhart, Carmen M. and Vincent R. Reinhart. 2010. “After the Fall.” In Macroeconomic Challenges: The Decade Ahead. Federal Reserve Bank of Kansas City.
Rey, Hélène. 2013. “Dilemma not Trilemma: The Global Financial Cycle and Monetary Independence.” In The Global Dimensions of Unconventional Monetary Policy. Federal Reserve Bank of Kansas City.
Rogoff, Kenneth S. 2011. “Nightmare on Kaiserstrasse.” Business Economics
Sargent, Thomas J. and Wallace Neal. 1981. “Some Unpleasant Monetarist Arithmetic.” Federal Reserve Bank of Minneapolis Quarterly Review
, 5(Fall): 1–17.Google Scholar
Schularik, Moritz and Taylor, Alan. 2012. “Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises 1870–2008.” American Economic Review
, 102(2): 1029–1061.CrossRefGoogle Scholar
Selgin, George R. 1997. “Less than Zero: The Case for a Falling Price level in a Growing Economy” IEA Hobart paper No 132, Institute of Economic Affairs.
Shin, Hyun Song. 2011. “Global Liquidity” Remarks at an IMF Conference on “Macro and Growth Policies in the Wake of the Crisis,” March 7–8.
Tarashev, Nikola, Stefan Avdjiev and Ben Cohen. 2016. “International Capital Flows and Financial Vulnerabilities in Emerging Market Economies: Analysis and Data Gaps” Note submitted to the G20 International Financial Architecture Working Group, Bank for International Settlements, August.
Taylor, John B. 2007. “Housing and Monetary Policy.” In Housing, Housing Finance and Monetary Policy. Federal Reserve Bank of Kansas City.
White, William R. 2006. “Is Price Stability Enough?” In Festschrift Die Schweizerische Nationalbank 1907–2007. Swiss National Bank. Also available as BIS Working Paper No. 205, April 2006.
White, William R., 2012. “Ultra Easy Monetary Policy and the Law of Unintended Consequences.” Federal Reserve Bank of Dallas Globalization and Monetary Policy Institute Working Paper No.126. Revised and republished (2013) as “The Short and Long Term Effects of Ultra Easy Monetary Policy,” in Proceedings of the 41st Economic Conference, Austrian National Bank. Also available (2013) in Real World Economic Review, Issue No 63.
White, William R., 2013. “Is Monetary Policy a Science? The Interaction of Theory and Practice over the Last 50 Years.” In 50 Years of Money and Finance: Lessons and Challenges”, SUERF 50
Anniversary Volume, edited by Morten Balling and Ernest Gnan. Larcier.
White, William R., 2015. “How False Beliefs about Exchange rate Systems Threaten Global Growth and the Existence of the Eurozone.” In The Political Economy of the Eurozone. Cambridge University Press, forthcoming. Also available as Federal Reserve Bank of Dallas Globalization and Monetary Policy Institute Working Paper 250.
Wicksell, Knut. 1936. Interest and Prices. First published as Geldzins and Guiterpreise in 1898. Macmillan.