Crisis Response of Central Banks
This compilation of notes requested by the Committee on Economic and Monetary Affairs (ECON) for the Monetary Dialogue in July 2012 deals with crisis response of central banks. The ECB has adopted a number of non-standard measures during the crisis to foster a smooth functioning of the monetary policy transmission throughout the euro area. Also other major central banks, e.g. Federal Reserve and the Bank of England, have reacted with non-standard measures. These non-standard measures are compared and their effectiveness has been assessed.
Étude
Auteur externe
Daniel GROS (Centre for European Policy Studies - CEPS), Cinzia ALCIDI (CEPS), Alessandro GIOVANNI (CEPS), Stefan COLLIGNON (Scuola Superiore Sant'Anna, Pisa and Centro Europa Ricerche - CER, Rome, Italy ; research assistance performed by Piero ESPOSITO and Yuming CUI), Sylvester C.W. EIJFFINGER (CentER and EBC, Tilburg University and CEPR ; research assistance performed by Rob NIJSKENS, Tilburg University), Ansgar BELKE (DIW Berlin and University of Duisburg-Essen), Jens KLOSE (University of Duisburg-Essen ; German Council of Economic Advisors - SVR) and Guillermo DE LA DEHESA (CEPR, OBCE - the Spanish ECB Watcher)
À propos de ce document
Type de publication
Domaine politique
Mot-clé
- Amérique
- analyse économique
- analyse économique
- Banque centrale européenne
- crise monétaire
- documentation
- Europe
- FINANCES
- GÉOGRAPHIE
- géographie politique
- géographie économique
- institutions de l'Union européenne et fonction publique européenne
- institutions financières et crédit
- intervention financière
- libre circulation des capitaux
- marché monétaire
- plan anticrise
- politique du crédit
- politique monétaire
- politique monétaire unique
- politique économique
- relations monétaires
- Royaume-Uni
- UNION EUROPÉENNE
- ÉCONOMIE
- économie monétaire
- ÉDUCATION ET COMMUNICATION
- États-Unis
- étude comparative