The financial accelerator under learning and the role of monetary policy

The financial accelerator under learning and the role of monetary policy

The financial crisis that unraveled after the Lehman Brothers collapse affected in different degrees almost all countries around the world independently of the direct exposure of their financial institutions to toxic assets. Most countries saw a sharp drop in demand together with sudden increases in...

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Autores principales: Caputo, Rodrigo, Medina, Juan Pablo, Soto, Claudio
Formato: Artículo
Lenguaje:eng
Publicado: Banco Central de Chile 2019
Materias:
POLÍTICA MONETARIA
CRISIS FINANCIERA
INSTITUCIONES FINANCIERAS
BANCOS CENTRALES
RECESIONES
Acceso en línea:https://hdl.handle.net/20.500.12580/3881
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spelling oai-20.500.12580-38812021-04-24T11:15:48Z The financial accelerator under learning and the role of monetary policy Caputo, Rodrigo Medina, Juan Pablo Soto, Claudio POLÍTICA MONETARIA CRISIS FINANCIERA INSTITUCIONES FINANCIERAS BANCOS CENTRALES RECESIONES The financial crisis that unraveled after the Lehman Brothers collapse affected in different degrees almost all countries around the world independently of the direct exposure of their financial institutions to toxic assets. Most countries saw a sharp drop in demand together with sudden increases in financial spreads and a dramatic fall in stock markets. Developed countries and many emerging market economies responded with a considerable monetary easing accompanied by unconventional central bank policies and fiscal stimulus packages to moderate the downturn in the economy. 2019-11-01T00:05:22Z 2019-11-01T00:05:22Z 2011 Artículo 978-956-7421-35-0 https://hdl.handle.net/20.500.12580/3881 eng Series on Central Banking Analysis and Economic Policies no. 16 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 185-218 application/pdf Banco Central de Chile
institution Banco Mundial
collection Banco Mundial
language eng
topic POLÍTICA MONETARIA
CRISIS FINANCIERA
INSTITUCIONES FINANCIERAS
BANCOS CENTRALES
RECESIONES
spellingShingle POLÍTICA MONETARIA
CRISIS FINANCIERA
INSTITUCIONES FINANCIERAS
BANCOS CENTRALES
RECESIONES
Caputo, Rodrigo
Medina, Juan Pablo
Soto, Claudio
The financial accelerator under learning and the role of monetary policy
description The financial crisis that unraveled after the Lehman Brothers collapse affected in different degrees almost all countries around the world independently of the direct exposure of their financial institutions to toxic assets. Most countries saw a sharp drop in demand together with sudden increases in financial spreads and a dramatic fall in stock markets. Developed countries and many emerging market economies responded with a considerable monetary easing accompanied by unconventional central bank policies and fiscal stimulus packages to moderate the downturn in the economy.
format Artículo
author Caputo, Rodrigo
Medina, Juan Pablo
Soto, Claudio
author_facet Caputo, Rodrigo
Medina, Juan Pablo
Soto, Claudio
author_sort Caputo, Rodrigo
title The financial accelerator under learning and the role of monetary policy
title_short The financial accelerator under learning and the role of monetary policy
title_full The financial accelerator under learning and the role of monetary policy
title_fullStr The financial accelerator under learning and the role of monetary policy
title_full_unstemmed The financial accelerator under learning and the role of monetary policy
title_sort financial accelerator under learning and the role of monetary policy
publisher Banco Central de Chile
publishDate 2019
url https://hdl.handle.net/20.500.12580/3881
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