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Monetary Policy of Central Banks during Global Financial Crisis
https://doi.org/10.32609/0042-8736-2010-6-69-87
Abstract
The paper analyzes different regimes of monetary policy, which central banks realized in normal macroeconomic conditions, summarizes their pluses and minuses. During the global financial crisis central banks had to conduct unconventional measures of monetary policy. Their realization has changed the structure and values of central banks balance sheets that is shown on the example of statistical data of FRS, Bank of England, ECB, Bundesbank, Bank of Japan, Peoples Bank of China.
About the Authors
S. Andryushin
Institute of Economics, Russian Academy of Sciences
Russian Federation
Russian Federation
V. Kuznetsova
Institute of Economics, Russian Academy of Sciences
Russian Federation
Russian Federation
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Review
For citations:
Andryushin S., Kuznetsova V. Monetary Policy of Central Banks during Global Financial Crisis. Voprosy Ekonomiki. 2010;(6):69-87. (In Russ.) https://doi.org/10.32609/0042-8736-2010-6-69-87
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