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

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  • Landais, Bernard
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    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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    Bibliographic 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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    Keywords: Politique monétaire ; crise financière ; récession ; déflation ; mesures non-orthodoxes;

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    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), revised 01 Aug 2009.
    2. Frederic S. Mishkin, 2009. "Is Monetary Policy Effective During Financial Crises?," NBER Working Papers 14678, National Bureau of Economic Research, Inc.
    3. James B. Bullard, 2009. "Three funerals and a wedding," Review, Federal Reserve Bank of St. Louis, issue Jan, pages 1-12.
    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.
    5. John C. Williams, 2009. "The risk of deflation," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue mar27.
    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.
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