Book contents
- Reconsidering Central Bank Independence
- Reconsidering Central Bank Independence
- Copyright page
- Contents
- Illustrations
- Preface
- Acknowledgements
- Abbreviations
- Part I The Theoretical Foundations
- Part II Balance Sheet Operations in Different Times and CBI
- 4 Central Banks and the Great Moderation
- 5 Monetary Policy Response to the Financial Crisis
- 6 Balance Sheet Policies and CBI
- Part III The Political Economy of CBI in the Real Economy
- References
- Index
5 - Monetary Policy Response to the Financial Crisis
from Part II - Balance Sheet Operations in Different Times and CBI
Published online by Cambridge University Press: 25 April 2024
Book contents
- Reconsidering Central Bank Independence
- Reconsidering Central Bank Independence
- Copyright page
- Contents
- Illustrations
- Preface
- Acknowledgements
- Abbreviations
- Part I The Theoretical Foundations
- Part II Balance Sheet Operations in Different Times and CBI
- 4 Central Banks and the Great Moderation
- 5 Monetary Policy Response to the Financial Crisis
- 6 Balance Sheet Policies and CBI
- Part III The Political Economy of CBI in the Real Economy
- References
- Index
Summary
Chapter 5 offers a description and an interpretation of the policy responses of four leading central banks (Fed, ECB, Bank of England and Bank of Japan) to the Great Recession.
- Type
- Chapter
- Information
- Reconsidering Central Bank Independence , pp. 87 - 121Publisher: Cambridge University PressPrint publication year: 2024