Author: Philip Lane

• Speech by Patrick Honohan on mortgage modification here.
• Economics Letter by Reamonn Lydon on reduced consumption of mortgage-distressed households here.
• Macro-Financial Review here.

See here.

Update:  an ‘explanation’ from Jagdip Singh here.

The IMF has done a major review of recent experiences with non-orthodox monetary policies

Unconventional Monetary Policies – Recent Experiences and Prospects

May, 16 2013
IMF Policy Paper

Summary of Informal Discussions with Central Bankers and Other Officials on Unconventional Monetary Policies

May, 16 2013
IMF Policy Paper

The Free Exchange blog on the Economist website features some articles on this topic:

• Ryan Avent:
  

  Broken transmission mechanisms

• Michael McMahon:
  

  The need for a targeted lending scheme in the euro area

• Gilles Moec:
  

  Europe faces a risk of “zombification”

• Luis Garicano:
  

  Banking union on the cheap will fail

Last week, I was one of the speakers at a workshop on the euro crisis at the Federal Reserve:  my paper is here.