مجلة البحوث الاقتصادية المتقدمة
Volume 8, Numéro 1, Pages 40-52
2023-03-31

The Financial Consequences Of Adopting An Unconventional Monetary Policy: The Case Of The Euro Area



Authors : Douadi - Amiar Lila . Ferhati Naima . Kehri Samir .

Abstract

Unconventional monetary policies are measures implemented by central banks to stem financial and banking crises. The objective of adopting unconventional monetary policies is to make up for the failure and inadequacies of conventional monetary policies, by exercising control over the money supply, interest rates, market liquidity and economic growth. The purpose of this article is to analyze the financial consequences of adopting an unconventional monetary policy.

Keywords

monetary policy ; financial crisis ; financial markets ; unconventional financing ; sovereign debt

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