Monetary policy refers to a central bank’s ability to alter the money supply in order to maintain stable and sustainable growth. In this pathway, Frances Coppola and Tim Hall outline the fundamental aspects of monetary policy.
Macro & Markets
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10 videos • 2 hours 3 minutes
In the first video of this series, Tim dives into the history of money and describes the transition process from bartering into paper money. Similarly, he describes the development of central banks and their roles today.
Tim Hall • 12:26
In the last video on this series, Tim highlights the impact of QE as a unconventional monetary policy tool and stresses the importance of a coordinated policy response when dealing with difficult economic conditions.
Tim Hall • 14:00
In this series, Tim will cover the recent history of unconventional monetary policy, specifically quantitative easing in four of the world’s major economies: The United States, the United Kingdom, the Eurozone and Japan. In this video, Tim provides an introduction to Quantitative Easing.
Tim Hall • 07:46
Japan became one of the world's largest, strongest and fastest growing economies in the decades after World War II, but this took a turn in the second half of the 1980s. Tim discusses this period as a valuable case study of what central banks should not do to battle severe economic distress.
Tim Hall • 16:42
In the last video of the series, Tim discusses the various policy actions of the European Central Bank since the Great Recession, and how these monetary policy initiatives have been used alongside various other projects supported by Eurozone member states, the European Union more broadly and the IMF.
Tim Hall • 19:54