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Pregled bibliografske jedinice broj: 464432

The Response of Monetary Policy to Recession: Evidence from Croatia


Borozan, Đula; Pfeifer, Sanja
The Response of Monetary Policy to Recession: Evidence from Croatia // European Journal of Management, 10 (2010), 1; 1-9 (međunarodna recenzija, članak, znanstveni)


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Naslov
The Response of Monetary Policy to Recession: Evidence from Croatia

Autori
Borozan, Đula ; Pfeifer, Sanja

Izvornik
European Journal of Management (1555-4015) 10 (2010), 1; 1-9

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
financial crises ; recession ; monetary policy ; Croatia ; Croatian National Bank

Sažetak
Croatia has experienced the onset of the world financial crises and its spillover effects onto the real sector, i.e. recession, slightly later than the other EU countries. Monetary policy guided by the Croatian National Bank has responded quickly, responsibly and decisively to adverse economic developments. However, the Croatian economy continues to face a severe recession and its economic prospects remain burdened with uncertainty. Considering the economic situation since the last quarter of 2008 in Croatia three periods can be distinguished. Each period called for different monetary focus and measures. This paper examines and discusses monetary policy responses in each time period. It is concluded that macroeconomic policy mix (including committed monetary policy, fiscal and wage policies and open economic conditions) should be considered in order to lead out the country from recession and build healthy base for its economic growth and prosperity.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija



POVEZANOST RADA


Projekti:
010-0101195-0866 - Jačanjem regionalne konkurentnosti do gospodarskog prosperiteta (Borozan, Đula, MZOS ) ( POIROT)
010-0101195-0872 - Transformacija poduzetničkog potencijala u poduzetničko ponašanje (Pfeifer, Sanja, MZOS ) ( POIROT)

Ustanove:
Ekonomski fakultet, Osijek

Profili:

Avatar Url Đula Borozan (autor)

Avatar Url Sanja Pfeifer (autor)


Citiraj ovu publikaciju:

Borozan, Đula; Pfeifer, Sanja
The Response of Monetary Policy to Recession: Evidence from Croatia // European Journal of Management, 10 (2010), 1; 1-9 (međunarodna recenzija, članak, znanstveni)
Borozan, Đ. & Pfeifer, S. (2010) The Response of Monetary Policy to Recession: Evidence from Croatia. European Journal of Management, 10 (1), 1-9.
@article{article, year = {2010}, pages = {1-9}, keywords = {financial crises, recession, monetary policy, Croatia, Croatian National Bank}, journal = {European Journal of Management}, volume = {10}, number = {1}, issn = {1555-4015}, title = {The Response of Monetary Policy to Recession: Evidence from Croatia}, keyword = {financial crises, recession, monetary policy, Croatia, Croatian National Bank} }
@article{article, year = {2010}, pages = {1-9}, keywords = {financial crises, recession, monetary policy, Croatia, Croatian National Bank}, journal = {European Journal of Management}, volume = {10}, number = {1}, issn = {1555-4015}, title = {The Response of Monetary Policy to Recession: Evidence from Croatia}, keyword = {financial crises, recession, monetary policy, Croatia, Croatian National Bank} }

Uključenost u ostale bibliografske baze podataka::


  • Cabell's Directories 2003-2012, Ulrich's International Periodicals Directory
  • EBSCO Publishing and Cengage/Gale Group Publishing





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