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

Author

Listed:
  • 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...

Suggested Citation

  • Landais, Bernard, 2009. "La politique monétaire et la crise [Monetary Policy and The Crisis]," MPRA Paper 15652, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:15652
    as

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    File URL: https://mpra.ub.uni-muenchen.de/15652/1/MPRA_paper_15652.pdf
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    References listed on IDEAS

    as
    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, vol. 91(Jan), pages 1-12.
    3. Daria Finocchiaro & Virginia Queijo Von 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 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. Ahrend, Rudiger, 2010. "Monetary ease: A factor behind financial crises? Some evidence from OECD countries," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 4, pages 1-30.
    6. John C. Williams, 2009. "The risk of deflation," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue mar27.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Politique monétaire ; crise financière ; récession ; déflation ; mesures non-orthodoxes;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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    This paper has been announced in the following NEP Reports:

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