The Long Road to Countercyclical Monetary Policy in Emerging Market Economies

Brahima Coulibaly

No 2013-12-03-1, IFDP Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: During the global financial crisis (GFC) of 2008-09, central banks in both advanced and emerging market economies (EMEs) lowered policy rates to cushion the adverse shock and to spur economic activity.

Date: 2013-12-03
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgin:2013-12-03-1

DOI: 10.17016/2573-2129.02

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