Some considerations on using monetary policy to promote financial stability
The current period of crisis on credit markets has highlighted the crucial role of the behaviour of banks in the transmission mechanism of monetary policy. This paper summarises our considerations on how monetary policy, as the main instrument, acts in order to promote financial stability and to sta...
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Format: | Article |
Language: | English |
Published: |
Transilvania University Press
2010-12-01
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Series: | Bulletin of the Transilvania University of Brasov. Series V : Economic Sciences |
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Online Access: | http://but.unitbv.ro/BU2010/Series%20V/BULETIN%20V%20PDF/285%20Petria.pdf |