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Financial conditions and monetary policy

Author

Listed:
  • Fiorella De Fiore
  • Oreste Tristani

Abstract

The global financial crisis raised a number of novel questions concerning the most appropriate monetary policy response to financial market developments. This article surveys a few ECB research papers which provide answers to some of these questions in the context of simple general equilibrium models. JEL Classification: E31, E43, E44, E52

Suggested Citation

  • Fiorella De Fiore & Oreste Tristani, 2010. "Financial conditions and monetary policy," Research Bulletin, European Central Bank, vol. 9, pages 10-12.
    • Handle: RePEc:ecb:ecbrbu:2010:0009:3
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    File URL: http://www.ecb.europa.eu/pub/pdf/other/researchbulletin09en.pdf
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    References listed on IDEAS

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    Cited by:

    1. Nikolay Nenovsky & Amine Lahiani & Petar Chobanov, 2011. "Empirical Investigation of Systemic Risk in the New EU States," Economics Bulletin, AccessEcon, vol. 31(2), pages 1401-1412.
    2. Aoki, Kosuke & Nikolov, Kalin, 2015. "Bubbles, banks and financial stability," Journal of Monetary Economics, Elsevier, vol. 74(C), pages 33-51.
    3. Petar Chobanov & Amine LAHIANI & Nikolay NENOVSKY, 2010. "Money Market Integration and Sovereign CDS Spreads Dynamics in the New EU States," LEO Working Papers / DR LEO 1253, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
    4. Matteo Ciccarelli, 2012. "Monetary policy analysis and data revisions – vintage combination from a real-time dataset," Research Bulletin, European Central Bank, vol. 15, pages 7-11.
    5. Fiorella De Fiore & Oreste Tristani, 2012. "Credit risk and the zero lower bound on interest rates," Research Bulletin, European Central Bank, vol. 15, pages 12-14.

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    More about this item

    Keywords

    monetary policy;

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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