The Role of Central Banks in Mitigating Economic Crises

Authors

  • Sam Miller
  • Jesse Lee
  • Chris Thompson

Keywords:

central banks, economic crisis, stabilization, interest rates, quantitative easing

Abstract

Central banks play a pivotal role in stabilizing economies during crises. This article explores the various tools at their disposal, such as interest rate adjustments and quantitative easing, to mitigate economic downturns. By analyzing historical data from past financial crises, the study assesses the effectiveness of central bank interventions. It also discusses potential risks associated with these measures and the importance of global cooperation in addressing systemic risks.

Author Biographies

Sam Miller

PhD in Economics
Princeton University
Princeton, NJ 08544, United States

Jesse Lee

MSc in Finance
HEC Paris
1 Rue de la Libération, 78350 Jouy-en-Josas, France

Chris Thompson

PhD in Economic Policy
Ivan Franko National University of Lviv
Universytetska St, 1, Lviv, Ukraine, 79000

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Published

2024-07-08

Issue

Section

Articles