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https://www.um.edu.mt/library/oar/handle/123456789/31855| Title: | Considerations regarding the structure, significance and trend of monetary indicators in Romania and in the Eurosystem |
| Authors: | Gherghinescu, Oana Gherghinescu, Gheorghe |
| Keywords: | Banks and banking -- Romania Monetary policy -- European Union Economic policy |
| Issue Date: | 2008 |
| Publisher: | University of Piraeus. International Strategic Management Association |
| Citation: | Gherghinescu, O., & Gherghinescu, G. (2008). Considerations regarding the structure, significance and trend of monetary indicators in Romania and in the Eurosystem. European Research Studies Journal, 11(4), 63-70. |
| Abstract: | The present paper aims at achieving a comparative analysis of the structure of monetary aggregates, according to the definitions used by the European Central Bank and the National Bank of Romania, respectively. The relevance of such a comparison is justified by the changes adopted by the monetary authority from Romania at the beginning of 2007 in what regards the structure of aggregates M1, M2 and M3. The paper expresses opinions on the effectiveness and impact of monetary strategies implemented by the two monetary authorities, namely the two-pillar strategy used by the European Central Bank and the direct inflation targeting strategy implemented by the National Bank of Romania. |
| URI: | https://www.um.edu.mt/library/oar//handle/123456789/31855 |
| ISSN: | 11082976 |
| Appears in Collections: | European Research Studies Journal, Volume 11, Issue 4 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Considerations_regarding_the_structure_significance_and_trend_of_monetary_indicators_2008.pdf | 96.43 kB | Adobe PDF | View/Open |
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