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NonStandard Monetary Policy Measures and Their Consequences

<?xml version="1.0" encoding="UTF-8"?> <article key="pdf/10000467" mdate="2015-01-01 00:00:00"> <author>Aleksandra Noco艅 (Szunke)</author> <title>NonStandard Monetary Policy Measures and Their Consequences</title> <pages>482 - 486</pages> <year>2015</year> <volume>9</volume> <number>2</number> <journal>International Journal of Economics and Management Engineering</journal> <ee>https://publications.waset.org/pdf/10000467</ee> <url>https://publications.waset.org/vol/98</url> <publisher>World Academy of Science, Engineering and Technology</publisher> <abstract>The study is a review of the literature concerning the consequences of nonstandard monetary policy, which are used by central banks during unconventional periods, threatening banking sector instability. In particular, the attention was paid to the effects of nonstandard monetary policy tools for financial markets. However, the empirical evidence about their effects and real consequences for financial markets is still not final. The main aim of the study is to survey consequences of standard and nonstandard monetary policy instruments, implemented during the global financial crisis in the United States, United Kingdom and euro area, with particular attention to the results for the stabilization of global financial markets. The study consists mainly of the empirical review, indicating the impact of the implementation of these tools for financial markets. The following research methods were used in the study literature studies, including domestic and foreign literature, cause and effect analysis and statistical analysis. </abstract> <index>Open Science Index 98, 2015</index> </article>