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External and internal macroeconomic shocks in case of small economy with the currency board

External and internal economic shocks can threaten the macroeconomic stability of a small economy. In the currency board regime, there is no role for the Central Bank as a macroeconomic stabilizer in the event of an external or internal shock. In this paper, the research is based on the analysis of...

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Autori principali: Vitomir Jelena, Lazić Đorđe
Natura: Artigo
Lingua:Inglês
Pubblicazione: Megatrend University 2021-01-01
Serie:Megatrend Revija
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Accesso online:https://scindeks-clanci.ceon.rs/data/pdf/1820-3159/2021/1820-31592102039V.pdf
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