The monetary policy and cheap money

Central Bank takes set of several measures in situations where traditional instruments of monetary policy have no significant impact on macroeconomic aggregates. This happens when the benchmark rate reaches the lowest possible level. Since the beginning of 2015 we have witnessed the intense media co...

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Bibliographic Details
Main Authors: Petrović Pero, Živković Aleksandar
Format: Article
Language:English
Published: University of Novi Sad - Faculty of Economics, Subotica 2015-01-01
Series:Anali Ekonomskog fakulteta u Subotici
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/0350-2120/2015/0350-21201533237P.pdf