ECB monetary policy in the recession: a New Keynesian (old monetarist) critique

Robert L. Hetzel

No 13-07, Working Paper from Federal Reserve Bank of Richmond

Abstract: Use of the New Keynesian model to identify shocks points to contractionary monetary policy as the cause of the Great Recession in the Eurozone.

Keywords: Monetary policy; Recessions; Keynesian economics (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-cba, nep-eec, nep-mac, nep-mon and nep-spo
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.richmondfed.org/publications/research/w ... 2013/pdf/wp13-07.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.richmondfed.org/publications/research/working_papers/2013/pdf/wp13-07.pdf [301 Moved Permanently]--> https://www.richmondfed.org/publications/research/working_papers/2013/pdf/wp13-07.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedrwp:13-07

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Paper from Federal Reserve Bank of Richmond Contact information at EDIRC.
Bibliographic data for series maintained by Christian Pascasio ().