The response focuses on two areas identified in the inquiry terms of reference:
- The effectiveness of monetary policy in meeting the inflation target
- The unintended consequences of monetary policy
The Treasury Committee examines the effectiveness of monetary policy in meeting the inflation target, the unintended consequences of monetary policy and the prospects for monetary policy in the UK.
Authors
- Mariana Mazzucato | Director, Professor in the Economics of Innovation and Public Value, UCL Institute for Innovation and Public Purpose
- Matteo Deleidi | Honorary Research Associate, UCL Institute for Innovation and Public Purpose