La Banque Centrale Européenne en action au cours de la crise

Christian Bordes ()
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Christian Bordes: CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: This paper analyses monetary driving policy by European Central Bank since the start of subprime financial crisis. ECB influences financial conditions to combat a simulated financial crisis by using conventional and unconventional monetary policies. This contribution purposes an evaluation of effectiveness and pertinence of European Central Bank strategy and action.

Keywords: politique monétaire conventionnelle et non conventionnelle; rachat de titres; bilan de la Banque centrale (search for similar items in EconPapers)
Date: 2012-09
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Published in La Revue du Financier, 2012, 34 (197), pp.47-64

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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:hal-00821179

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