This study examines risk premium levels in industrialized countries, the role of quantitative easing, and the impact of changed banking regulation in the wake of the banking crisis and in the context of Brexit. Against the backdrop of monetary policy in the US, UK, and the Eurozone, the study develops new political perspectives and reform proposals.

Paul J. J. Welfens, Samir Kadiric, Bergische Universität Wuppertal