Polityka monetarna Rezerwy Federalnej w warunkach kryzysu finansowego

• Authors: Emilia Klepczarek

Title variants

EN

The monetary policy of the Federal Reserve in conditions of the financial crisis

• Languages of publication: PL

Abstracts

EN

The paper conducts an analysis of the Federal Reserve actions in response to the financial crisis in the years 2007–2010. The article presents the instruments of monetary policy that were used by the central bank of the United States to activate the transactions on the interbank market. Mitigating the effects of the subprime crisis required from the monetary authorities pursuing the policy that has not only provided a liquidity to financial markets but also helped to restore confidence in the financial sector institutions. Presented actions demonstrate the important role of a modern central bank in maintaining the stability of economy.

Keywords

PL

polityka monetarna; kryzys finansowy; Rezerwa Federalna

EN

the monetary policy; the financial crisis; the Federal Reserve

• Publisher: Łódzkie Towarzystwo Naukowe, Stowarzyszenie
• Journal: Studia Prawno-Ekonomiczne
• Year: 2011
• Volume: LXXXIV (84)
• Pages: 339-368

Dates

published

2011

Contributors

author

Emilia Klepczarek

• Uniwersytet Łódzki

References

• Opracowania
• Comprehensive Capital Analysis and Review: Objectives and Overview, Board of Governors of the Federal Reserve System, 18.03.2011.
• Machaj M., Kilka Wyzwań dla teorii ekonomii po kryzysie, SE 2009/3–4.
• Nawrot W., Globalny kryzys finansowy XXI wieku. Przyczyny, przebieg, skutki, prognozy, Wyd. CeDeWu, Warszawa 2010.
• Papadia F., Central bank operations In response to the financial turmoil, Committee on the Global Financial System, CGFS Papers 2008/31.
• Soros G., Nowy paradygmat rynków finansowych, MT Biznes, Warszawa 2008.
• Stella P., The Federal Reserve System Balance Sheet: What Happened and Why it Matters, IMF Working Paper, 2009/120.
• Taylor J.B., Zrozumieć kryzys finansowy, Wyd. Nauk. PWN, Warszawa 2010. The Supervisory Capital Assessment Program: Overview of Results, 7.05.2009.
• U.S. Banking Statistical Handbook, May 2010.
• Wyżnikiewicz B. (red.), Odporność polskiej gospodarki na globalny kryzys finansowy, Inst. Badań nad Gospodarką Rynkową, z. 1, Warszawa 2008.
• Strony internetowe
• http://instytutmisesa.salon24.pl/100244,kreatywna-ksiegowosc-w-fed.
• http://mises.org/daily/3281.
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• http://www.businessweek.com/investor/content/nov2008/pi20081125_381246.htm.
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• http://www.fdic.gov/news/news/press/2008/pr08100.html.
• http://www.federalreserve.gov.
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Identifiers

ISSN

0081-6841