News Tag: Shamik Dhar

January 11, 2009

Government should buy homes in danger of repossession

by Gill Montia
Two former Bank of England economists have published a report in which they urge the Government to step in and buy the homes of people about to be repossessed, in addition to helping those who are falling behind with their mortgage repayments. In a work entitled "A truly unconventional monetary policy for the UK", Shamik Dhar and Danny Gabay, who ...

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