MANAGING FINANCIAL STABILITY BY THE EUROPEAN CENTRAL BANK IN THE PERIOD 2008–2012

<p>In reaction to the global financial crisis and ineffectiveness of traditional monetary policy, European Central Bank undertook a number of unconventional measures to preserve financial stability in the EU. The paper presents a non-standard tools used by the ECB in the 2008–2012 period, as a...

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Bibliographic Details
Main Author: Radosław Ciukaj
Format: Article
Language:English
Published: Nicolaus Copernicus University in Toruń 2017-03-01
Series:Copernican Journal of Finance & Accounting
Subjects:
Online Access:https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/12562