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The Characteristics Of Interest Rate Channel In Central And East Europe

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  • MARGARIT MONICA-IONELIA

    (DOCTORAL SCHOOL OF ECONOMIC SCIENCES, UNIVERSITY OF CRAIOVA, CRAIOVA, ROMANIA)

Abstract

This paper tries to analyze the structural features of the Central and East European economies so that we can identify the most relevant informationin order to understand the monetary transmission mechanism through the interest rate channel. The research sample consistof Central and East European countries which are members of the European Union, but not yet members of Eurozone, countries that have the same monetary policy objective, the same monetary policy strategy, as well as regimes based on floating or controlled exchange rates. As a result of the research, we can appreciate that in these countries there was a gradual consolidation of the economy, which makes the transmission of monetary policy easier to perform compared to the previous years.

Suggested Citation

  • Margarit Monica-Ionelia, 2021. "The Characteristics Of Interest Rate Channel In Central And East Europe," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 324-332, February.
    • Handle: RePEc:cbu:jrnlec:y:2021:v:1:p:324-332
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    References listed on IDEAS

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