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Monetary policy conundrum in developed economies : is the region different? : platform for discussion: event: BIS Meeting of the Working Party on Monetary Policy in Central and Eas...

Mitreska, Ana; Georgievska, Ljupka; Ramadani, Gani - Narodna Banka na Republika Makedonija - 2020

Persistent link: https://www.econbiz.de/10012211886

Currency crises and monetary policy in an economy with credit constraints

Aghion, Philippe; Bacchetta, Philippe; Bannerjee, Abhijit - 2000

Persistent link: https://www.econbiz.de/10013423155

Can monetary policy affect economic activity under surplus liquidity : some evidence from Macedonia

Jovanovic, Branimir; Krstevska, Aneta; Popovska-Kamnar, Neda - Narodna Banka na Republika Makedonija - 2015

Surplus liquidity in the banking system changes the monetary transmission mechanism, reducing the effectiveness of the … Macedonia, an economy characterized by surplus liquidity. We use regime-switching Vector Autoregressions and track the responses … monetary policy in economies with surplus liquidity. Regarding analysis, the implication is that the traditional approach …

Persistent link: https://www.econbiz.de/10011623487

Central banking in the aftermath of the global economic crisis

Bezhoska, Anita Angelovska - Narodna Banka na Republika Makedonija - 2019

The worldwide financial crisis revealed that some of the basic consensuses concerning the macroeconomic policy framework and the roles of the central banks were no longer tenable. This prompted rethinking of central bank objectives, strategies and policy instruments, with particular focus on the...

Persistent link: https://www.econbiz.de/10012211862