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La politique monétaire et la crise
[Monetary Policy and The Crisis]

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Author Info
Landais, Bernard
Abstract

This paper presents the interrelations between the economic and financial crisis and monetary policy. Its emphasizes three dimensions of the problem. First, monetary policy is partialy responsible of the financial and economics events of these last years. Second, strong monetary actions are needed and implemented with some success for curing the consequences of the crisis. Third, after the crisis, monetary policy may be never like before...

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File URL: http://mpra.ub.uni-muenchen.de/15652/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 15652.

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Date of creation: Jun 2009
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Handle: RePEc:pra:mprapa:15652

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Related research
Keywords: Politique monétaire ; crise financière ; récession ; déflation ; mesures non-orthodoxes;

Find related papers by JEL classification:
E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

This paper has been announced in the following NEP Reports:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Finocchiaro, Daria & Queijo von Heideken, Virginia, 2007. "Do Central Banks React to House Prices?," Working Paper Series 217, Sveriges Riksbank (Central Bank of Sweden). [Downloadable!]
  2. Frederic S. Mishkin, 2009. "Is Monetary Policy Effective during Financial Crises?," American Economic Review, American Economic Association, vol. 99(2), pages 573-77, May. [Downloadable!]
    Other versions:
  3. John C. Williams, 2009. "The risk of deflation," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue Mar 27. [Downloadable!]
  4. John B. Taylor, 2009. "The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong," NBER Working Papers 14631, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  5. James B. Bullard, 2009. "Three funerals and a wedding," Review, Federal Reserve Bank of St. Louis, issue Jan, pages 1-12. [Downloadable!]
    Other versions:
  6. Ahrend, Rudiger, 2008. "Monetary Ease: A Factor behind Financial Crises? Some Evidence from OECD Countries," Economics Discussion Papers 2008-44, Kiel Institute for the World Economy. [Downloadable!]
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