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- W2610295231 abstract "The paper analyzes new mechanisms of carrying out a monetary policy, which the central banks have been implementing in times of the global financial and economic crisis. The paper elaborates on quantitative easing and other similar mechanisms used by the most important central banks in the world. In addition, the paper explains the difference between the classic and unconventional measures at their disposal. By means of a comparative analysis, the paper reaches a conclusion that central banks have been implementing nonstandard measures in order to facilitate the expansionary monetary policy and stimulate the economic growth." @default.
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- W2610295231 date "2013-01-01" @default.
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- W2610295231 title "Non-standard measures of monetary policy" @default.
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