IS DEFLATION TRAP A SERIOUS THREAT? CASE STUDY OF FED, ECB AND NBP

The goal of the paper is to compare nonstandard solutions implemented by Federal Reserve System, European Central Bank and National Bank of Poland in response to the outbreak of a subrime crisis in United States and to debt crisis in European Union. For that purpose there is carried out a comparativ...

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Bibliographic Details
Main Author: Maciej Ryczkowski
Format: Article
Language:English
Published: Uniwersytet Mikołaja Kopernika 2015-06-01
Series:Ekonomia i Prawo.
Subjects:
Online Access:http://apcz.umk.pl/czasopisma//index.php/EiP/article/view/7466