Monetary policy without interest rates: Evidence from France (1948 to 1973) using a narrative approach

Eric Monnet, 5 July 2014



Recent central bank interventions following the Global Crisis have raised new interest in quantitative measures as instruments of monetary or macroprudential policy (Borio 2011, Galati and Moessner 2013).

Topics: Europe's nations and regions, Monetary policy
Tags: credit controls, France, monetary policy

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