PL EN


2011 | 247 |
Article title

Asymetryczność polityki kredytowej banku centralnego i banków komercyjnych w warunkach kryzysu

Authors
Content
Title variants
Languages of publication
Abstracts
EN
The article concentrates on the problem of adjustment of the credit policy to the economic cycle, especially in the crisis times. A destabilisation of the economy and the financial system requires – on the one hand – enhancing of the central bank activity in the credit policy by performing the function of the lender of last resort (LOLR), on the other hand – enhancing of the commercial banks restrictive measures in the mechanisms of credit allocation. The above drives to the phenomenon of asymmetry of the credit policy performed by the central bank and commercial banks. Therefore, the aim of the article is indicating the conditions and consequences of enhancing this "credit channel" of the central bank and enhancing the restriction of the credit allocation by the commercial banks.
Keywords
Year
Volume
247
Physical description
Dates
published
2011
References
Document Type
Publication order reference
Identifiers
URI
http://hdl.handle.net/11089/558
YADDA identifier
bwmeta1.element.hdl_11089_558
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.