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

Eric Monnet, 5 July 2014

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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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