Unconventional Monetary Policy [Politica monetară neconvenţională]

Cerna Silviu
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Cerna Silviu: Universitatea de Vest din Timişoara

Revista OEconomica, 2014, issue 01

Abstract: Indeed, the reaction of central banks to the crisis often resulted in remarkable technical innovations designed to improve the operational framework of monetary policy. However, the typology established several years ago by B. Bernanke and his colleagues remains valid. According to these authors, unconventional monetary policy measures are of three kinds.

Keywords: central bank; monetary policy; zero interest rate policy; quantitative easing policy (search for similar items in EconPapers)
JEL-codes: E52 E58 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:oen:econom:y:2014:i:01:id:376

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