Complexity, uncertainty, and monetary policy : can the ECB avoid the unconventional becoming the ‘new normal’?

Hartwell, Christopher A.

doi:10.1515/ev-2019-0021

Please use this identifier to cite or link to this item: https://doi.org/10.21256/zhaw-22608

Full metadata record

DC Field	Value	Language
dc.contributor.author	Hartwell, Christopher A.	-
dc.date.accessioned	2021-06-10T14:17:30Z	-
dc.date.available	2021-06-10T14:17:30Z	-
dc.date.issued	2019-11-25	-
dc.identifier.issn	1553-3832	de_CH
dc.identifier.uri	https://digitalcollection.zhaw.ch/handle/11475/22608	-
dc.description	Erworben im Rahmen der Schweizer Nationallizenzen (http://www.nationallizenzen.ch)	de_CH
dc.description.abstract	Worries about Italy and the unresolved issue of euro governance–coupled with uncertainty surrounding Brexit–means that the European Central Bank (ECB) may already be facing its next crisis in the euro area. Unfortunately, the ECB is still fighting the last war, deploying the tools of unconventional monetary policy to address lingering problems while unable institutionally to address needed structural change. This paper looks at theECB as an institution amongst institutions and shows how even more unconventional approaches will not help to bolster the economy of the euro area. Indeed, given the complexity of money, the effects of expectations, and continued uncertainty, expanding the ECB’s unconventional arsenal is likely to have deleterious consequences across Europe.	de_CH
dc.language.iso	en	de_CH
dc.publisher	De Gruyter	de_CH
dc.relation.ispartof	The Economists’ Voice	de_CH
dc.rights	Licence according to publishing contract	de_CH
dc.subject	EURO	de_CH
dc.subject	European Central Bank	de_CH
dc.subject	Monetary policy	de_CH
dc.subject	Complexity	de_CH
dc.subject.ddc	332.1: Banken	de_CH
dc.title	Complexity, uncertainty, and monetary policy : can the ECB avoid the unconventional becoming the ‘new normal’?	de_CH
dc.type	Beitrag in wissenschaftlicher Zeitschrift	de_CH
dcterms.type	Text	de_CH
zhaw.departement	School of Management and Law	de_CH
zhaw.organisationalunit	International Management Institute (IMI)	de_CH
dc.identifier.doi	10.1515/ev-2019-0021	de_CH
dc.identifier.doi	10.21256/zhaw-22608	-
zhaw.funding.eu	No	de_CH
zhaw.issue	1	de_CH
zhaw.originated.zhaw	No	de_CH
zhaw.publication.status	publishedVersion	de_CH
zhaw.volume	16	de_CH
zhaw.publication.review	Peer review (Publikation)	de_CH
zhaw.author.additional	No	de_CH
zhaw.display.portrait	Yes	de_CH
Appears in collections:	Publikationen School of Management and Law

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Hartwell, C. A. (2019). Complexity, uncertainty, and monetary policy : can the ECB avoid the unconventional becoming the ‘new normal’? The Economists’ Voice, 16(1). https://doi.org/10.1515/ev-2019-0021

Hartwell, C.A. (2019) ‘Complexity, uncertainty, and monetary policy : can the ECB avoid the unconventional becoming the ‘new normal’?’, The Economists’ Voice, 16(1). Available at: https://doi.org/10.1515/ev-2019-0021.

C. A. Hartwell, “Complexity, uncertainty, and monetary policy : can the ECB avoid the unconventional becoming the ‘new normal’?,” The Economists’ Voice, vol. 16, no. 1, Nov. 2019, doi: 10.1515/ev-2019-0021.

HARTWELL, Christopher A., 2019. Complexity, uncertainty, and monetary policy : can the ECB avoid the unconventional becoming the ‘new normal’? The Economists’ Voice. 25 November 2019. Bd. 16, Nr. 1. DOI 10.1515/ev-2019-0021

Hartwell, Christopher A. 2019. “Complexity, Uncertainty, and Monetary Policy : Can the ECB Avoid the Unconventional Becoming the ‘New Normal’?” The Economists’ Voice 16 (1). https://doi.org/10.1515/ev-2019-0021.

Hartwell, Christopher A. “Complexity, Uncertainty, and Monetary Policy : Can the ECB Avoid the Unconventional Becoming the ‘New Normal’?” The Economists’ Voice, vol. 16, no. 1, Nov. 2019, https://doi.org/10.1515/ev-2019-0021.