CONSIDERATIONS REGARDING THE CONCEPT OF MONETARY POLICY

Annals of the University of Craiova: Economic Sciences Series

Monica-Ionelia Mărgărit¹ 

[1] University of CraiovaFaculty of Economics and Business Administration;

关键词: monetary policy;    central banks;    inflation targeting;    monetary targeting;   

DOI  :  

来源: DOAJ

【 摘 要 】

This paper aims to make a conceptual analysis of the monetary policy notion by reviewing the literature regarding the concept of monetary policy, as well as, by highlighting the way in which monetary policy opinions have changed in time. Further, we presented the transmission mechanism of monetary policy together with the most important channels through which central banks, by using various monetary policy instruments, can affect the dynamics of aggregate demand and prices in the economy. The paper ends by reviewing the main objectives of central banks and their evolution in time.

【 授权许可】

Unknown