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Monetary Policy Impact In The Central Bank Balance Sheet In The Emerging Countries

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  • Ionuţ Şerban

    (National Bank of Romania, Bucharest)

Abstract

During periods of economic crisis, monetary policy operations undertaken by central banks is increasing, often linked in a controversial operations performed by the State. The study examines the impact of monetary policy operations by the central bank on its financial statements in particular in periods of crisis. It also examines the extent to which any losses caused by monetary policy operations could have a major impact on macroeconomic stability

Suggested Citation

  • Ionuţ Şerban, 2011. "Monetary Policy Impact In The Central Bank Balance Sheet In The Emerging Countries," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 5(5(558)(su), pages 698-701, July.
    • Handle: RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:698-701
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