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  • 标题:Unconventional Monetary Policy Measures and Their Role in Contending the Effects of the Current Global Financial Crisis
  • 本地全文:下载
  • 作者:Roman Angela ; Bilan Irina
  • 期刊名称:Ovidius University Annals: Economic Sciences Series
  • 电子版ISSN:2393-3127
  • 出版年度:2010
  • 卷号:10
  • 期号:2
  • 语种:English
  • 出版社:Ovidius University Press
  • 摘要:On the background of the current international financial crisis,the central banks of major developed countries took unprecedented action aimed at restoring the confidence in financial systems and at ensuring the normal functioning of the monetary policy transmission mechanism on the real economy. This paper aims to highlight the reactions of these central banks during the current crisis,especially analyzing the implementation of exceptional monetary policy measures aimed at correcting financial markets failures and at supporting the flows of credit to the real economy.
  • 关键词:the current global financial crisis;central banks;monetary policy;unconventional measures
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