14:30 to 15:45
Lecture

The particularity of central banks and the ECB

Part 1 : Background and pre-crisis years

Lucrezia Reichlin
Amphithéâtre Maurice Halbwachs, Site Marcelin Berthelot
Open to all, subject to availability
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Abstract

  • The specificity of central banks as creators of monopolistic money, and the links between monetary, fiscal and financial policy ;
  • central bank independence and inflation control ;
  • the specific features of the ECB, a stateless central bank.