MANAGING FINANCIAL STABILITY BY THE EUROPEAN CENTRAL BANK IN THE PERIOD 2008–2012
Journal Title: Copernican Journal of Finance & Accounting - Year 2016, Vol 5, Issue 2
Abstract
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 response to shocks in the financial system and evaluates their effectiveness.
Authors and Affiliations
Radosław Ciukaj
Keywords
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- EP ID EP192430
- DOI 10.12775/CJFA.2016.015
- Views 93
- Downloads 0
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