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Challenges for Future Monetary Policy Frameworks: A European Perspective

In: Achieving Financial Stability Challenges to Prudential Regulation

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  • Vítor Constâncio

Abstract

Luncheon speeches should be thought-provoking and entertaining. Unfortunately, that’s a dual mandate that’s beyond the ability of this central banker to deliver. But if I cannot provide entertainment, allow me to at least provide some thoughts to hopefully provoke some discussion over our meal. To do this, allow me to deviate a little from the main theme of the conference and turn to another topic of common interest. In a cursory and compressed way, I would like to make some remarks on the ongoing debate about the future of monetary policy frameworks, a subject that has become quite topical here in the US…

Suggested Citation

  • Vítor Constâncio, 2017. "Challenges for Future Monetary Policy Frameworks: A European Perspective," World Scientific Book Chapters, in: Douglas D Evanoff & George G Kaufman & Agnese Leonello & Simone Manganelli (ed.), Achieving Financial Stability Challenges to Prudential Regulation, chapter 1, pages 3-12, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789813223400_0001
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    Cited by:

    1. Dedola, Luca & Georgiadis, Georgios & Gräb, Johannes & Mehl, Arnaud, 2021. "Does a big bazooka matter? Quantitative easing policies and exchange rates," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 489-506.

    More about this item

    Keywords

    Money and Banking; International Banking; Financial Instititions; Banks; Regulations; Compliance; Financial Crisis; Great Financial Crisis 2008; Microprudential; Macroprudential; Financial Stability;
    All these keywords.

    JEL classification:

    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General

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