SciELO - Scientific Electronic Library Online

vol.60 suppl.2Economic crisis and its efects on Mexican's labor market, inequality and poverty author indexsubject indexsearch form
Home Pagealphabetic serial listing  

Services on Demand




Related links

  • Have no similar articlesSimilars in SciELO


Contaduría y administración

Print version ISSN 0186-1042


PERROTINI HERNANDEZ, Ignacio. The federal reserve, the crisis and unconventional monetary policy. Contad. Adm [online]. 2015, vol.60, suppl.2, pp.250-271. ISSN 0186-1042.

Conventional and non conventional monetary policy frameworks followed by the Federal Reserve, prior and after the Great Recession, respectively, are dealt with in this paper. It is also shown that quantitative or credit easing, forward guidance and the zero interest rate monetary policy, all part and parcel of the Fed's new monetary policy approach, have failed to restore long-run sustainable growth.

Keywords : Interest rate; Monetary policy; Financial crisis; Growth.

        · abstract in Spanish     · text in Spanish     · Spanish ( pdf )