New Tendencies in Monetary Policy after The Financial Crisis 2008–2012 Cover Image

Nowe tendencje w polityce pieniężnej po kryzysie finansowym 2008–2012
New Tendencies in Monetary Policy after The Financial Crisis 2008–2012

Author(s): Dariusz K. Rosati
Subject(s): Economy, Business Economy / Management
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: financial crisis; QE; helicopter money; forward guidance; policy of zero and negative nominal interest rates

Summary/Abstract: Purpose – Synthetic discussion of these unconventional instruments, which were either used or were to be used in the monetary policy of selected central banks. Respectively will be discussed policy of zero and negative nominal interest rates, QE, helicopter money policy and the policy of forward guidance. Design/methodology/approach – Analysis of documents ECB, Eurostat and OECD databases and the Fed. Originality/value – Offer modifications to the strategy of direct inflation targeting.

  • Issue Year: 2016
  • Issue No: 82 (1)
  • Page Range: 461-490
  • Page Count: 30
  • Language: Polish