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Globalization and Monetary Policy Tools at the Zero Lower Bound

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F16%3A00091168" target="_blank" >RIV/00216224:14560/16:00091168 - isvavai.cz</a>

  • Result on the web

    <a href="http://ke.uniza.sk/en/conference" target="_blank" >http://ke.uniza.sk/en/conference</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Globalization and Monetary Policy Tools at the Zero Lower Bound

  • Original language description

    The dramatic events of the global financial crisis acted as a coordination device for expansionary policy interventions in all advanced economies. A significant number of central banks have lowered their rates in response to the global financial crisis in order to mitigate its consequences and meet their monetary policy goals and have announced that they expect rates to be at low levels for a significant period of time. Depending on the particular situation of their economy and financial sector, central banks around the world have turned their attention to various unconventional monetary policy measures, such as negative interest rates on deposits, various forms of quantitative or qualitative easing, and foreign exchange interventions. The article explains the reasons for further easing monetary policy and for choosing suitable monetary policy tools. It analyses the causes leading up to the foreign exchange intervention by the Czech National Bank in November 2013 and its consequences.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2016

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Proceedings of the 16th International Scientific Conference Globalization and Its Socio-Economic Consequences

  • ISBN

    9788081541919

  • ISSN

  • e-ISSN

  • Number of pages

    8

  • Pages from-to

    2085-2092

  • Publisher name

    University of Žilina

  • Place of publication

    Žilina

  • Event location

    Rájecké Teplice

  • Event date

    Jan 1, 2016

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article

    000393253800259