Monetary policy under financial turbulence: an overview

Simple item page
dc.contributor.authorCéspedes, Luis Felipe
dc.contributor.authorChang, Roberto
dc.contributor.authorSaravia, Diego
dc.date.accessioned2019-11-01T00:05:20Z
dc.date.available2019-11-01T00:05:20Z
dc.date.issued2011
dc.descriptionThe financial crisis that started in 2007 brought the global economy to the brink and in many respects it is still unfolding especially in Europe. How to understand and deal with the crisis has naturally been the subject of fierce debates that continue today. However some consensus appears to be emerging with regard to the shocks that originated the crisis the mechanisms that amplified those shocks and official policy responses especially from central banks. All of these aspects of the new consensus assign a substantially bigger role to financial imperfections and institutions than previously assumed to the point that one can safely say that for the next several years research on macroeconomic policy will be dominated by the interaction between financial frictions the financial system and aggregate fluctuations.
dc.file.nameBCCh-sbc-v16-p001_021
dc.format.pdf
dc.format.extentSección o Parte de un Documento
dc.format.mediump. 01-21
dc.identifier.isbn978-956-7421-35-0
dc.identifier.urihttps://hdl.handle.net/20.500.12580/3877
dc.language.isoeng
dc.publisherBanco Central de Chile
dc.relation.ispartofSeries on Central Banking Analysis and Economic Policies no. 16
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/*
dc.subjectPOLÍTICA MONETARIAes_ES
dc.subjectCRISIS FINANCIERAes_ES
dc.subjectBANCOS CENTRALESes_ES
dc.subjectINSTITUCIONES FINANCIERASes_ES
dc.subjectCRISIS ECONÓMICA 2008es_ES
dc.titleMonetary policy under financial turbulence: an overview
dc.type.docArtículo

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
BCCh-sbc-v16-p001_021.pdf
Size:
169.39 KB
Format:
Adobe Portable Document Format
Description:
Download

Collections

Serie Banca Central, análisis y políticas económicas (artículos)