Search Results - subject:"unconventional instruments"

The Exchange Rate as an Instrument at Zero Interest Rates: The Case of the Czech Republic

Franta, Michal; Holub, Tomas; Kral, Petr; Kubicova, Ivana; … - Česká Národní Banka - 2014

This study examines the use of the exchange rate by the Czech National Bank as a monetary policy instrument at the zero lower bound on interest rates. It provides a review of the economic literature on unconventional monetary policy instruments and particularly on the possibility of using the...

Persistent link: https://www.econbiz.de/10011156767

International experiences with unconventional central bank instruments

Lehmann, Kristóf - In: MNB Bulletin 7 (2012) 2, pp. 24-30

. The application of unconventional instruments may be justified by the existence of financial market friction, turmoil …

Persistent link: https://www.econbiz.de/10010569805

Monetary Policy and Central Banking in the Wake of the World Financial Crisis

Hrncir, Miroslav - In: ACTA VSFS 3 (2009) 2, pp. 137-166

. Under the pressure of crisis, the standard monetary policy of previous periods shifted to unconventional instruments of …

Persistent link: https://www.econbiz.de/10010723141

Monetary Policy and Central Banking in the Wake of the World Financial Crisis

Hrncir, Miroslav - In: ACTA VSFS 3 (2009) 2, pp. 137-166

. Under the pressure of crisis, the standard monetary policy of previous periods shifted to unconventional instruments of …

Persistent link: https://www.econbiz.de/10010680337