Central Banks and the Financial Turmoil

José Manuel González-Páramo
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José Manuel González-Páramo: European Central Bank, Germany

Chapter 1 in The First Credit Market Turmoil of the 21st Century:Implications for Public Policy, 2009, pp 3-9 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionThe Separation Between Monetary Policy Formulation and its ImplementationThe Impact of the Turmoil on the Monetary Transmission MechanismThe Role of UncertaintyConclusion

Keywords: Financial Crises; Systemic Risk; Credit Market Turmoil; International Financial Markets (search for similar items in EconPapers)
Date: 2009
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