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Autor
Dziwok Ewa (University of Economics in Katowice, Poland)
Tytuł
The Impact of Non-Conventional Monetary Policy of NBP on Short Term Money Market
Źródło
Journal of Economics & Management / University of Economics in Katowice, 2015, nr 21, s. 102-109, tab., bibliogr. 20 poz.
Słowa kluczowe
Banki centralne, Polityka pieniężna NBP, Rynek pieniężny
Central banks, NBP monetary policy, Money market
Uwagi
summ.
Abstrakt
In the situation of financial crisis large numbers of central banks have started to ease monetary conditions. The National Bank of Poland, following central banks of biggest economies, started to offer unconventional methods to increase liquidity: foreign exchange swaps. The aim of the paper is twofold: to calculate the risk premium understood as a difference between an implied forward rate and a reference rate. The second is to show the sensitivity of the risk premium (a difference between) to market disturbances and than to monetary policy easing.(original abstract)
Dostępne w
Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie
Biblioteka Szkoły Głównej Handlowej
Biblioteka Główna Uniwersytetu Ekonomicznego w Katowicach
Biblioteka Główna Uniwersytetu Ekonomicznego w Poznaniu
Biblioteka Główna Uniwersytetu Ekonomicznego we Wrocławiu
Pełny tekst
Pokaż
Bibliografia
Pokaż
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Cytowane przez
Pokaż
ISSN
1732-1948
Język
eng
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