IDEAS home Printed from https://ideas.repec.org/a/mes/jeciss/v56y2022i4p1076-1102.html
   My bibliography  Save this article

From One Crisis to Another (2008–2020): A Transformative Decade for the Fed

Author

Listed:
  • Rudy Bouguelli

Abstract

This article sheds light on the crisis of September 2019 by placing these events in the broader context of monetary policy normalization. It starts by recalling how the operational framework of the Fed evolved since the global financial crisis. Normalization principles, the issues that arose from them and the actual normalization process are then examined. This historical sequence is interesting because it provides insights on (1) the interplay between monetary policy and liquidity regulations and (2) the advantages and limitations of different operational frameworks (corridor vs. floor systems).

Suggested Citation

  • Rudy Bouguelli, 2022. "From One Crisis to Another (2008–2020): A Transformative Decade for the Fed," Journal of Economic Issues, Taylor & Francis Journals, vol. 56(4), pages 1076-1102, October.
    • Handle: RePEc:mes:jeciss:v:56:y:2022:i:4:p:1076-1102
    DOI: 10.1080/00213624.2022.2118494
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00213624.2022.2118494
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00213624.2022.2118494?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:jeciss:v:56:y:2022:i:4:p:1076-1102. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MJEI20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.