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

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Listed author(s):
  • 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: https://mpra.ub.uni-muenchen.de/15652/1/MPRA_paper_15652.pdf
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    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
    Handle: RePEc:pra:mprapa:15652
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    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:

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    1. Frederic S. Mishkin, 2009. "Is Monetary Policy Effective during Financial Crises?," American Economic Review, American Economic Association, vol. 99(2), pages 573-577, May.
    2. James B. Bullard, 2009. "Three funerals and a wedding," Review, Federal Reserve Bank of St. Louis, issue Jan, pages 1-12.
    3. Daria Finocchiaro & Virginia Queijo Heideken, 2013. "Do Central Banks React to House Prices?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(8), pages 1659-1683, December.
    4. John C. Williams, 2009. "The risk of deflation," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue mar27.
    5. 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.
    6. Ahrend, Rudiger, 2010. "Monetary ease: A factor behind financial crises? Some evidence from OECD countries," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy (IfW), vol. 4, pages 1-30.
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