Abstract
It is a great pleasure and honor for me to participate in a panel with Ben Friedman on very topical themes for a central banker. The financial crisis that began in August 2007 changed the role of monetary policy. In particular, it blurred the borderline dividing monetary policy from fiscal policy, and gave rise to new questions. In my remarks for this closing panel of the Conference in Honor of Ben Friedman, I would like to address some aspects of this issue.
Authors
- Thomas J. Jordan