Published on VOX, CEPR Policy Portal (https://voxeu.org)

Home > Rethinking monetary policy – lessons from the crisis

Rethinking monetary policy – lessons from the crisis

Claudio Borio [1] interviewed by Romesh Vaitilingam [2], 07 May 2010

Claudio Borio of the Bank for International Settlements (BIS) talks to Romesh Vaitilingam about where the pre-crisis consensus on monetary policy-making went wrong; the implementation, effectiveness and costs of ‘unconventional monetary policy-making’ in response to the crisis; the idea that it is no longer ‘better to clean than to lean’; and the research agenda for macroeconomics. The interview, which was recorded in April 2010, represents Claudio Borio’s personal views and does not necessarily reflect those of the BIS.

Unfortunately the file could not be found.

Open in a pop-up window Open in a pop-up window [4]

Download

Download MP3 File [5] (9.86MB)
[6]

a

A

Related

  • Rethinking macro policy [7]
    Olivier Blanchard, Giovanni Dell'Ariccia, Paolo Mauro

Topics:  Global crisis [8] Monetary policy [9]

Tags:  global crisis [10], unconventional monetary policy [11]

Related research here [12]and here [13].


Source URL: https://voxeu.org/vox-talks/rethinking-monetary-policy-lessons-crisis

Links
[1] https://voxeu.org/user/220346
[2] https://voxeu.org/user/219854
[3] http://www.adobe.com/products/flashplayer/
[4] https://voxeu.org/popup/5003
[5] https://voxeu.org/audio_files/VoxEU.org_VoxTalks_20100507_1.mp3
[6] itpc://www.voxeu.org/rss.php?q=itunes_podcast
[7] https://voxeu.org/article/rethinking-macro-policy
[8] https://voxeu.org/content/topics/global-crisis
[9] https://voxeu.org/content/topics/monetary-policy
[10] https://voxeu.org/taxonomy/term/1322
[11] https://voxeu.org/taxonomy/term/2323
[12] http://www.bis.org/publ/work293.htm
[13] http://www.bis.org/publ/work292.htm