Discussion Paper
The Long Road to Countercyclical Monetary Policy in Emerging Market Economies
Abstract: During the global financial crisis (GFC) of 2008-09, central banks in both advanced and emerging market economies (EMEs) lowered policy rates to cushion the adverse shock and to spur economic activity.
https://doi.org/10.17016/2573-2129.02
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Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: IFDP Notes
Publication Date: 2013-12-03
Number: 2013-12-03-1
Order Number: 2013-12-03-1