Similar Search Results

Definition and Evaluation of the Central Bank agresivity

Komárek, Luboš; Rozsypal, Filip - In: Politická ekonomie 2009 (2009) 3, pp. 383-404

This paper examines definitions and assessments of central bank aggressiveness. It shows theoretical reasons why there is certain minimal threshold value if CB wants to stabilize price level and on the other hand, why excessive reactions are suboptimal. The empirical part suggests that...

Persistent link: https://www.econbiz.de/10005103173

Peripetie české ekonomiky a měny : aneb nedejme si vnutit euro

Janáčková, Stanislava - 2014 - vydani prvni

Persistent link: https://www.econbiz.de/10011447566

Měnová politika ČR před vstupem do EMU

Jonáš, Jiří - In: Finance a úvěr 51 (2001) 9, pp. 472-487

Persistent link: https://www.econbiz.de/10001764728

Monetární ekonomie v období konvergence a krize

Mandel, Martin; Tomšík, Vladimír - 2018 - V nakladatelství Management Press vydání 1

Persistent link: https://www.econbiz.de/10011901982

Tobin´s Q - theory and application

Pánková, Václava - In: Politická ekonomie 2005 (2005) 5, pp. 601-608

(Mundschenk, 2000). As for the firms, a VAR model is estimated using panel data. Relevant forecasts enable to quantify an expected … macroeconomic background, the Q of the Czech Republic was computed. Than, the panel data approach was applied to the Czech machinery … detailed panel structure. A high degree of zero investment might be a signal for policy makers which seems to be recognized by …

Persistent link: https://www.econbiz.de/10005036684

Monetary policy and prediction of variability

Brůna, Karel - In: Politická ekonomie 2009 (2009) 3, pp. 361-382

This study presents an analysis of the sources of variability of interest rates in the money market in the context of Czech National Bank's (CNB) monetary policy. The factors in question are changes in the structural characteristics of economies in transition, changing perception of inflation...

Persistent link: https://www.econbiz.de/10005103167

The stabilization mechanism of ultra short-term interest rates in the context of Czech national bank's repo tenders

Brůna, Karel - In: Politická ekonomie 2005 (2005) 4, pp. 459-476

Effectiveness of actual monetary policy depends on the ability of central banks to stabilize the fluctuations of overnight interest rates around their official policy rate. To ensure the functionality of the stabilization mechanism needs the successful balancing between bank's demand for...

Persistent link: https://www.econbiz.de/10005036651

An analysis of PRIBOR interest rates sensitivity to changes in Czech national bank repo rate

Brůna, Karel; Brada, Jaroslav - In: Politická ekonomie 2004 (2004) 5, pp. 601-622

Since 1980's many central banks have been changing their monetary strategy to explicit inflation targeting. This new monetary concept is based on management of short-term interest rates in the context of relation between inflation prediction and central bank inflation target. Therefore we try to...

Persistent link: https://www.econbiz.de/10005036676

The interest rate transmission mechanism and the management of interest margin in the context of Czech national bank disinflation policy

Brůna, Karel - In: Politická ekonomie 2007 (2007) 6, pp. 829-851

The paper analyzes the relationship between interest rate transmission mechanism and bank's management of interest rate risk during the disinflation monetary policy in the Czech Republic in 1999-2006. In theoretical part, main determinants of short-run and long-run equilibrium of client interest...

Persistent link: https://www.econbiz.de/10005036706

The risk of currency crisis in the period of participating in exchange rate mechanism ERM II

Helísek, Mojmír - In: Politická ekonomie 2008 (2008) 3, pp. 380-403

In the course of exchange rate development history of the countries taking part and evaluated in ERM or ERM II before they entered the euro-area there was no depreciating evolution with a trend to currency crisis at all. Fundamental indicators of these economies, partly owing to the compliance...

Persistent link: https://www.econbiz.de/10008754971

1
2
3
4
5
6
7
8
9
10
Next
Last