Theoretical and Applied Economics
No. 2 / 2012 (567)
New Approaches for Monetary Policy
Bucharest Academy of Economic Studies
Abstract. As a result of the economic turmoil started in 2007, there is a dispute if the monetary policy implies radical changes or just a rethinking of details regarding the main framework of the monetary policy strategy. Therefore, the actual debates that I have analyzed in the article take into account, among others, the relationship of monetary policy with the one of financial stability, the analyze if the monetary policy should lean against credit bubbles or just clean after their explosion (Lean vs. Clean debate), the presence of nonlinearities in economy. Thus, monetary economy becomes more interesting and the economists need to think about a wider range of monetary policy problems than existed before.
Contents
Quantitative vs. Qualitative in the Romanian Fiscal Adjustment
Amplification Effects and Unconventional Monetary Policies
Theoretical considerations about implementation of IAS 41 in Romania
Migration and Tourism Demand
Current Research on Flexibilizing the Labor Market – first part –
Crisis: a Return to Rationality
Assessing the Sectoral Dynamics of Non-performing Loans: Signs from Financial and Real Economy
Globalism and Corporate Identity in the Post-crisis Economy
New Approaches for Monetary Policy
The Need of a New Economic Model