Normalization of Monetary Policy After Global Crisis: What is Normalization?

cDNA Microarray Data Normalization

Subir Gokarn: Monetary policy considerations after the crisis – practitioners’ perspectives

I would like to thank the Ministry of Finance and the National Institute of Public Finance and Policy for inviting me to speak at this International Conference on Economic Policies for Inclusive Development. We tend to associate the process of inclusive growth and development with structural factors and the roles that they play in accelerating growth, enhancing labour productivity, creating hum...

Sociological Study of the Determinants of Normalization of Research Misbehavior

Nowadays, promoting academic loyalty and ethics and coping with research misbehavior, including plagiarism, forgery and misrepresentation have become an important part of the university mission, since the normalization of research misconduct undermines the integrity and loyalty of science, the link between science, society, industry, and damages the reputation of scientific institutions. Accord...

Monetary policy in a financial crisis

What are the economic effects of an interest rate cut when an economy is in the midst of a financial crisis? Under what conditions will a cut stimulate output and employment, and raise welfare? Under what conditions will a cut have the opposite effects? We answer these questions in a general class of open economy models, where a financial crisis is modelled as a time when collateral constraints...

Monetary Policy Strategy: Lessons from the Crisis

This paper examines what we have learned about monetary policy strategy and considers how we should change our thinking in this regard in the aftermath of the 2007-09 financial crisis. It starts with a discussion of where the science of monetary policy stood before the crisis and how central banks viewed monetary policy strategy. It then examines how the crisis has changed the thinking of both ...