The central bank issuing policy and Fisher´s equation of exchange

The issue of money and establishing interest rates are the main activities of central banks. Through this, the banks immediately influence the behaviour of households, companies, financial markets and the state with the impact on real outcome, employment and prices. When monitoring the issue of mone...

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Bibliographic Details
Main Author: Richard Pospíšil
Format: Article
Language:English
Published: Nicolae Titulescu University 2013-05-01
Series:Global Economic Observer
Subjects:
Online Access:http://www.globeco.ro/wp-content/uploads/vol/split/vol_1_no_1/geo_2013_vol1_art_007.pdf