Provocările politicii monetare

Monetary policy challenges

Ramona Dumitriu and Razvan Stefanescu

MPRA Paper from University Library of Munich, Germany

Abstract: 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 abandon of the monetarism and the return to Keynesian principles, orientation towards the full employment in detriment of the prices stability, a more intense coordination between fiscal and monetary policies and new regulations to prevent the banks involvement in asset price bubbles.

Keywords: Monetary Policy; Global Crisis; Coordination between Policies; Macroeconomics Objectives (search for similar items in EconPapers)
JEL-codes: E52 E58 E61 (search for similar items in EconPapers)
Date: 2013-09-28, Revised 2013-09-28
New Economics Papers: this item is included in nep-mac
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:50261

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