Showing 1 - 10 of 111
The monetary policy decision, as any other decision, is the product of a procedure assembling a lot of primary information, but also what type of other ingredients contribute finally to a certain monetary policy decision.
Persistent link: https://www.econbiz.de/10008464218
Abstract. The scope of this paper is to highlight the Romanian strategy towards the euro adoption. We structured our article on sections that cover four main research directions. The first one illustrates the interlinkages between nominal and real convergence; the second presents a comparative...
Persistent link: https://www.econbiz.de/10015225394
The aim of the present paper is to highlight the degree of European stock market integration. We structured our research on two sections obeying the following order: the first one presents some considerations of the academic literature studying the field and the second analyses the main...
Persistent link: https://www.econbiz.de/10015226992
The global coronavirus pandemic (COVID-19) has triggered an unprecedented crisis, creating social, political, economic and financial challenges for both Europe and the rest of the world. Faced with all these challenges, governments have implemented ambitious measures to support companies and...
Persistent link: https://www.econbiz.de/10015267618
Criza financiara globala a transmis o serie de factori care au agravat situatia economiilor noilor state membre ale Uniunii Europene, pe fondul existentei unor relatii financiare si comerciale puternice cu tarile europene dezvoltate. in acest articol facem o scurta prezentare a unor...
Persistent link: https://www.econbiz.de/10008685096
This paperwork is focused on European Central Bank activity related to the financial integration and globalization as the most important contemporary phenomena from the monetary global system governance pint of view. The eternal question mark above the recommended dependency degree of national...
Persistent link: https://www.econbiz.de/10015222714
During the last decades, the monetary policy had to face significant changes caused by various processes. This paper explores the challenges induced by the recent global crisis to the central banks policies. We approach some possible solutions to the dramatic consequences of the crisis: the...
Persistent link: https://www.econbiz.de/10015238951
The conduct of the monetary policy could be view as a series of decisions in which the objectives and tools are chosen. This paper explores some aspects of the strategic decisions of the monetary policy such as the roles played by central banks and other public authorities, the main constraints...
Persistent link: https://www.econbiz.de/10015239563
This paper explores some recent challenges for the inflation targeting. The circumstances are different for the … less formally the inflation targeting, in order to gain appreciation from the international financial institutions. Most of … these central banks announced the applying of a flexible inflation targeting which could mask the time-inconsistent monetary …
Persistent link: https://www.econbiz.de/10015240624
Negative interest rates, as an instrument of monetary policy, are regarded by the central authorities as a stimulant for the growth of real economy through: decrease of lending costs, increase of consumption, decrease of volatility and so on. However this policy has a negative influence within...
Persistent link: https://www.econbiz.de/10015252641