VoxEU Talk

Monetary policy at the zero bound

Andrew Levin of the Federal Reserve talks to Romesh Vaitilingam about his research on optimal monetary policy at the zero lower bound. They discuss the effectiveness of forward guidance, the use of non-standard measures and the interactions between monetary and fiscal policy. The interview, which was recorded at the annual congress of the European Economic Association in Glasgow in August 2010, represents Andrew Levin’s personal views