MANAGING FINANCIAL STABILITY BY THE EUROPEAN CENTRAL BANK IN THE PERIOD 2008–2012

<p>In reaction to the global financial crisis and ineffectiveness of traditional monetary policy, European Central Bank undertook a number of unconventional measures to preserve financial stability in the EU. The paper presents a non-standard tools used by the ECB in the 2008–2012 period, as a...

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Main Author: Radosław Ciukaj
Format: Article
Language:English
Published: Nicolaus Copernicus University in Toruń 2017-03-01
Series:Copernican Journal of Finance & Accounting
Subjects:
Online Access:https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/12562
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author Radosław Ciukaj
author_facet Radosław Ciukaj
author_sort Radosław Ciukaj
collection DOAJ
description <p>In reaction to the global financial crisis and ineffectiveness of traditional monetary policy, European Central Bank undertook a number of unconventional measures to preserve financial stability in the EU. The paper presents a non-standard tools used by the ECB in the 2008–2012 period, as a response to shocks in the financial system and evaluates their effectiveness.</p>
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2300-3065
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spelling doaj.art-30627e565dd44f4f867a9049fb1f94ef2023-09-02T00:46:17ZengNicolaus Copernicus University in ToruńCopernican Journal of Finance & Accounting2300-12402300-30652017-03-0152577210.12775/CJFA.2016.01511057MANAGING FINANCIAL STABILITY BY THE EUROPEAN CENTRAL BANK IN THE PERIOD 2008–2012Radosław Ciukaj0Cracow University of Economics<p>In reaction to the global financial crisis and ineffectiveness of traditional monetary policy, European Central Bank undertook a number of unconventional measures to preserve financial stability in the EU. The paper presents a non-standard tools used by the ECB in the 2008–2012 period, as a response to shocks in the financial system and evaluates their effectiveness.</p>https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/12562unconventional monetary policyquantitative easingeuropean central bank
spellingShingle Radosław Ciukaj
MANAGING FINANCIAL STABILITY BY THE EUROPEAN CENTRAL BANK IN THE PERIOD 2008–2012
Copernican Journal of Finance & Accounting
unconventional monetary policy
quantitative easing
european central bank
title MANAGING FINANCIAL STABILITY BY THE EUROPEAN CENTRAL BANK IN THE PERIOD 2008–2012
title_full MANAGING FINANCIAL STABILITY BY THE EUROPEAN CENTRAL BANK IN THE PERIOD 2008–2012
title_fullStr MANAGING FINANCIAL STABILITY BY THE EUROPEAN CENTRAL BANK IN THE PERIOD 2008–2012
title_full_unstemmed MANAGING FINANCIAL STABILITY BY THE EUROPEAN CENTRAL BANK IN THE PERIOD 2008–2012
title_short MANAGING FINANCIAL STABILITY BY THE EUROPEAN CENTRAL BANK IN THE PERIOD 2008–2012
title_sort managing financial stability by the european central bank in the period 2008 2012
topic unconventional monetary policy
quantitative easing
european central bank
url https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/12562
work_keys_str_mv AT radosławciukaj managingfinancialstabilitybytheeuropeancentralbankintheperiod20082012