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041 _afre
042 _adc
100 1 0 _aBoeckx, Jef
_eauthor
700 1 0 _a Cordemans, Naïm
_eauthor
245 0 0 _aMonetary Policy in the Wake of the Great Recession
260 _c2017.
500 _a19
520 _aThe global financial crisis that erupted in 2007 posed significant challenges for monetary authorities. In this article, we try to highlight how the Great Recession affected the monetary policy of major central banks. The first section addresses the pre-crisis consensus, discusses crisis-induced innovations and draws several lessons from the crisis for monetary policy. The second section focuses on the Eurosystem’s monetary policy and describes in more detail how it has evolved over recent years.JEL Codes: E52, E58, G01
690 _aEurosystem
690 _amonetary policy
690 _aeconomic and financial crisis
690 _acentral bank
786 0 _nReflets et perspectives de la vie économique | Volume LVI | 1 | 2017-05-29 | p. 61-78 | 0034-2971
856 4 1 _uhttps://shs.cairn.info/journal-reflets-et-perspectives-de-la-vie-economique-2017-1-page-61?lang=en&redirect-ssocas=7080
999 _c577203
_d577203