La reserva federal, la crisis y la política monetaria no convencional

Ignacio Perrotini Hernández ()
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Ignacio Perrotini Hernández: Universidad Nacional Autónoma de México

Contaduría y Administración, 2015, vol. 60, issue 6, 250-271

Abstract: Conventional and non conventional monetary policy frameworks followed by the Federal Reserve, prior and after the Great Recession, respectively, are dealt with in this paper. It is also shown that quantitative or credit easing, forward guidance and the zero interest rate monetary policy, all part and parcel of the Fed’s new monetary policy approach, have failed to restore long-run sustainable growth.

Keywords: Monetary policy; Financial crisis; Growth (search for similar items in EconPapers)
JEL-codes: E43 E52 G01 O40 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:nax:conyad:v:60:y:2015:i:6:p:250-271

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