Challenges of monetary policy during crisis

Wieslawa Przybylska-Kapuscinska ()
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Wieslawa Przybylska-Kapuscinska: Poznan University of Economics

Ekonomia i Prawo, 2012, vol. 10, issue 3, 61-80

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.

Keywords: monetary policy; unconventional instruments; financial stability (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:cpn:umkeip:v:10:y:2012:i:3:p:61-80

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