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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
During last decades the interest to financial stability and, as a result, to regulatory and supervisory issues has markedly increased in academic and policy circles. Representative research has been done since that time referring to both financial and banking regulation, however only a few...
Persistent link: https://www.econbiz.de/10008753265
The paper analyses the swift growth of bank loans granted to the nongovernmental sector with a special attention on the …
Persistent link: https://www.econbiz.de/10008464155
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
can enable Europe to move beyond basic services, increase payments efficiency, embrace innovation and integrate further …
Persistent link: https://www.econbiz.de/10015227110
the central bank of each nation and the investors. Due to its importance on the global economy and our everyday lives it … is vital that it is functioning properly. Internationally, rules are set by the Basel committee, part of the Bank for …
Persistent link: https://www.econbiz.de/10008753267
This paperwork is focused on European Central Bank activity related to the financial integration and globalization as … challenges can be revealed only through a pertinent dissemination of the role of central bank system in monetary global dimension … governance. A work hypothesis for this work paper, beyond the overview of central bank functionality are based on a compared …
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 emerging market countries and for the industrialized ones. In many emerging market countries the central banks adopted more or less formally the inflation targeting, in order to gain...
Persistent link: https://www.econbiz.de/10015240624