CHALLENGES OF MONETARY POLICY DURING CRISIS
CHALLENGES OF MONETARY POLICY DURING CRISIS
Author(s): Wiesława Przybylska-KapuścińskaSubject(s): Economy, Supranational / Global Economy
Published by: Wydawnictwo Naukowe Uniwersytetu Mikołaja Kopernika
Keywords: monetary policy; unconventional instruments; financial stability
Summary/Abstract: In this paper, the actual problems and doubts concerning the monetary policies in the conditions during the crisis 2007-2012 have been brought up. The unconventional instruments, as well as its way of activity in order to guarantee credit institutions’ liquidity, were also presented. The necessity of taking financial stability into consideration alongside price stability was also emphasized. The topics related to decisions of policy of the interest rates have also been discussed.
Journal: Ekonomia i Prawo. Economics and Law
- Issue Year: 10/2012
- Issue No: 3
- Page Range: 61-80
- Page Count: 20
- Language: Polish