Impact of the monetary policy of the European Central Bank on the real economy in the Eurozone Cover Image

Wpływ polityki pieniężnej Europejskiego Banku Centralnego na stabilność sfery realnej w strefie euro
Impact of the monetary policy of the European Central Bank on the real economy in the Eurozone

Author(s): Zuzanna Urbanowicz
Subject(s): Economy
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: European Central Bank; monetary policy; economic growth; unemployment; Eurozone; price stability

Summary/Abstract: The main aim of this article is to determine the infl uence of the European Central Bank's monetary policy on the real economy in the whole Eurozone and in the countries belonging to it. The goal and the main areas of analyses connected with it determined the layout and the empirical nature of this article which is composed of two parts. The first one presents subject, space and time scope of the conducted empirical study, as well as the applied research method. The results of an empirical analysis of the relationship between the common monetary policy of the European Central Bank and the stability of economic growth and employment in the euro area are contained in the second part of the article. Crucial conclusions resulting from the conducted analyses are presented in the final part of the article

  • Issue Year: 2014
  • Issue No: 35/2
  • Page Range: 515-528
  • Page Count: 14
  • Language: Polish