The central bank issuing policy and Fisher´s equation of exchange
The issue of money and establishing interest rates are the main activities of central banks. Through this, the banks immediately influence the behaviour of households, companies, financial markets and the state with the impact on real outcome, employment and prices. When monitoring the issue of mone...
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Format: | Article |
Language: | English |
Published: |
Nicolae Titulescu University
2013-05-01
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Series: | Global Economic Observer |
Subjects: | |
Online Access: | http://www.globeco.ro/wp-content/uploads/vol/split/vol_1_no_1/geo_2013_vol1_art_007.pdf |