Les Doctrines des Banques centrales sont-elles inchangées après la pandémie ou sont-elles en train d'évoluer vers un modèle de sortie de crise ? Ce thème est central pour penser l'avenir des systèmes financiers dans le monde. Are Central Banks Doctrines unchanged after the pandemic or are they evolving towards an exit model ? This topic is central to thinking about the future of financial systems around the world.
BACKGROUND CONDITIONS : INEXORABLE DECLINE OF THE "NATURAL" RATE OF INTEREST
Central Banks Adapt to New Challenges
Why Have Policy Rates Been so Persistently Low in the Euro Area ?
A Qualified Defense of Functional Finance : Secular Stagnation, Growth and Inflation
THE NEED FOR NEW DOCTRINES, NEW MONETARY STRATEGIES
The Monetary Policy Strategy of the European Central Bank
The Federal Reserve's New Framework : Context and Consequences
The Challenges of a More Demanding Environment on Monetary Policy
TOO CLOSE TO JUSTIFY ? FISCALIZATION OF MONETARY POLICY
Limiting the Fiscalisation of Central Banks The Fiscal Dimension of Monetary Policy and Central Bank Autonomy : Lessons from Two Crises
WIDENING HORIZON : ADDITIONAL CHALLENGES
Climate Change : What Role for Central Banks ?
The Asymmetric Relationship of Central Banks to Market-Based Finance : Weighing Financial Stability Implications in the Light of Covid Events
The Sovereignty of Money and in Historical Transformations : the Invention of Central Bank Digital Money in the 21st Century and its Geopolitical Consequences
FINANCIAL HISTORY CHRONICLE Did the Financial Markets See the Great War Coming ?