MONETARY POLICY IMPACT IN THE CENTRAL BANK BALANCE SHEET IN THE EMERGING COUNTRIES

Ionuţ Şerban
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Ionuţ Şerban: National Bank of Romania, Bucharest

Theoretical and Applied Economics, 2011, vol. 5(558)(supplement), issue 5(558)(supplement), 698-701

Abstract: During periods of economic crisis, monetary policy operations undertaken by central banks is increasing, often linked in a controversial operations performed by the State. The study examines the impact of monetary policy operations by the central bank on its financial statements in particular in periods of crisis. It also examines the extent to which any losses caused by monetary policy operations could have a major impact on macroeconomic stability

Keywords: monetary policy; central bank; economic crisis; financial stability; financial institutions (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:698-701

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