This Euro50 roundtable intends to take stock of the unconventional monetary policies which have been implemented in the wake of the global financial crisis. It will look at their achievements, their theoretical underpinnings and review the pitfalls they encountered. The discussion will have a special focus on monetary policy of the European Central Bank.
Miranda Xafa, Senior Fellow will be a panelist on "Theoretical underpinnings of unconventional monetary policy."
This session will address the principles underlying unconventional monetary policies, their transmission mechanics and expected impact on the real economy, both in the short run and the long run.
Jorge Braga de Macedo, Distinguished Fellow will attend on behalf of CIGI.