MONETARY POLICY FORCE EFFECT BY MEANS OF BANKS MONEY CREATION

In the context of modern economy, banks play an essential role for sustainable growth, by ensuring economy with financial resources and driving impulses of monetary policy to economy. Monetary authorities influence significantly the bank's ability to fulfill this role. Thus, to achieve macroeco...

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Bibliographic Details
Main Authors: Victoria COCIUG, Olga TIMOFEI
Format: Article
Language:English
Published: “Victor Slăvescu” Centre for Financial and Monetary Research 2014-07-01
Series:Financial Studies
Subjects:
Online Access:http://fs.icfm.ro/vol18i2p18-28.pdf