eabh in cooperation with Allianz Global Investors
Harold James (Princeton University) and Eric Barthalon (Head of Research Allianz SE) will take a long-term perspective on easy monetary policies and their implications.
Post Great Financial Crisis, major central banks have cut rates to, or below zero and have provided unprecedented amounts of liquidity to the system ever since. After first steps to normalise monetary policy, we have seen a renewed round of monetary easing in 2019. Further, the COVID-19 crisis in 2020 brought back discussions about helicopter money and direct credit to the banking sector.