Central Bank Response to the 2007-08 Financial Market Turbulence : Experiences and Lessons Drawn /

The paper reviews the policy response of major central banks during the 2007-08 financial market turbulence and suggests that there is scope for convergence among central bank operational frameworks through the adoption of those elements that proved most instrumental in calming markets. These includ...

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Autore principale: Stella, Peter
Altri autori: Gray, Simon, Klueh, Ulrich, Shimizu, Seiichi
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2008.
Serie:IMF Working Papers; Working Paper ; No. 2008/210
Accesso online:Full text available on IMF