Conduite et efficacité de la politique économique : les leçons de la crise Report as inadecuate




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Abstract

This paper intend to keep some lessons from the recent crisis for the monetary and fiscal stabilization policies. We develop six propositions about these policies : The monetary policy may be wrongly orientated before a crisis ; The non-orthodox monetary actions are effective but dangerous; The Central Bank must adopt an enlarged framework for her strategy ; Fiscal Policy has not been completely rehabilited by crisis events and its efficiency is dubious ; In Euro Zone, monetary policy has been a problem that fiscal policies are not able to solve ; In Euro Zone, public debts are a big problem that monetary molicy can solve.



Item Type: MPRA Paper -

Original Title: Conduite et efficacité de la politique économique : les leçons de la crise-

English Title: Management and Efficiency of the Economic Policies : The Crisis- Lessons-

Language: French-

Keywords: Politique monétaire, Politique budgétaire, Crise économique, Principales leçons-

Subjects: E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E32 - Business Fluctuations ; CyclesH - Public Economics > H6 - National Budget, Deficit, and Debt > H60 - GeneralB - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B22 - MacroeconomicsE - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E52 - Monetary PolicyE - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E60 - General-





Author: Landais, Bernard

Source: https://mpra.ub.uni-muenchen.de/31223/







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