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The financial accelerator under learning and the role of monetary policy

dc.contributor.authorCaputo, Rodrigo
dc.contributor.authorMedina, Juan Pablo
dc.contributor.authorSoto, Claudio
dc.date.accessioned2019-11-01T00:05:22Z
dc.date.available2019-11-01T00:05:22Z
dc.date.issued2011
dc.identifier.isbn978-956-7421-35-0
dc.identifier.urihttps://hdl.handle.net/20.500.12580/3881
dc.descriptionThe 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.
dc.format.pdf
dc.format.extentSección o Parte de un Documento
dc.format.mediump. 185-218
dc.language.isoeng
dc.publisherBanco Central de Chile
dc.relation.ispartofSeries on Central Banking Analysis and Economic Policies no. 16
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/*
dc.subjectPOLÍTICA MONETARIAes_ES
dc.subjectCRISIS FINANCIERAes_ES
dc.subjectINSTITUCIONES FINANCIERASes_ES
dc.subjectBANCOS CENTRALESes_ES
dc.subjectRECESIONESes_ES
dc.titleThe financial accelerator under learning and the role of monetary policy
dc.type.docArtículo
dc.file.nameBCCh-sbc-v16-p185_218


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