Framework for Preserving Financial Stability in Montenegro
The global financial crisis has challenged the traditional monetary policy framework of one instrument (short-term interest rates) - one objective (price stability). More and more central banks nowadays consider financial stability as a monetary policy objective, whereas the Central Bank of Monteneg...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2014-01-01
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Series: | Journal of Central Banking Theory and Practice |
Subjects: | |
Online Access: | https://doi.org/10.2478/jcbtp-2014-0003 |