Once bitten, twice bold? Early life tragedy and central bankers’ reaction to COVID-19

Aslam, Maqsood; Farvaque, Etienne

Type de document :

Compte-rendu et recension critique d'ouvrage

DOI :

10.1016/j.frl.2021.102060

Titre :

Once bitten, twice bold? Early life tragedy and central bankers’ reaction to COVID-19

Auteur(s) :

Aslam, Maqsood [Auteur]

Lille économie management - UMR 9221 [LEM]
Farvaque, Etienne [Auteur]

Lille économie management - UMR 9221 [LEM]

Titre de la revue :

Finance Research Letters

Pagination :

102060

Éditeur :

Elsevier

Date de publication :

2022-01

ISSN :

1544-6123

Mot(s)-clé(s) en anglais :

Policy rate
COVID-19
Pandemic
Central banks

Discipline(s) HAL :

Sciences de l'Homme et Société/Economies et finances

Résumé en anglais : [en]

Have negative experiences (in particular, natural disasters) that central bankers’ have known in their early life influenced monetary policy decisions in front of the COVID-19 pandemic? We answer this question using a ...
Lire la suite >Have negative experiences (in particular, natural disasters) that central bankers’ have known in their early life influenced monetary policy decisions in front of the COVID-19 pandemic? We answer this question using a sample of 19 developing countries. We show that central bankers who experienced episodes of epidemics in their early life lowered interest rates faster and lower during the COVID-19 pandemic. Personal experience of decision-makers has contributed strongly to explain their behavior during the crisis.Lire moins >

Langue :

Anglais

Vulgarisation :

Non

Collections :