THE MONETARY POLICY TRANSMISSION MECHANISM THROUGH INTEREST RATE. EMPIRICAL ANALYSIS: ROMANIA
- Journal: Theoretical and Applied Economics,volume 12(517)(supplement),issue 12(517)(supplement) December,pages108-115
- Subject: monetay policy transmission; interest rate; GDP; aggregate demand, inflation.
Understanding monetary policy transmission is necessary to moentary policy projection and implementation of monetary policy in a efficient manner. I consider that interest rate monetary policy mechanism is very important because the interest rate is now the main instrum... View more