The Basic Transmission Mechanisms of Monetary Policy in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F12%3A54323" target="_blank" >RIV/60460709:41110/12:54323 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The Basic Transmission Mechanisms of Monetary Policy in the Czech Republic
Original language description
This paper deals with two basic transmission mechanisms of monetary policy in the Czech Republic which are derived from trivial paradigms of economic theory: traditional Keynesianism and monetarism. The effectiveness of different transmission channels inthe Czech economy are considered via correlation analysis. The correlation analysis of time series is executed, reflecting the development of the most common monetary policy instruments, economic consequences including main objectives of the stabilization policy with respect to the Keynesian and monetarist theories. Specifically, the repo rate of the Czech National Bank, 1M PRIBOR, long-term interest rate, gross domestic product and consumer price index are used in the case of the traditional Keynesiantransmission. The transmission of the monetarist approach - except the main targets of the stabilization policy (GDP and CPI) and the repo rate - reflects monetary base and monetary aggregate M2.
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
International Advances in Economic Research
ISSN
1083-0898
e-ISSN
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Volume of the periodical
18
Issue of the periodical within the volume
1
Country of publishing house
NL - THE KINGDOM OF THE NETHERLANDS
Number of pages
2
Pages from-to
126-127
UT code for WoS article
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EID of the result in the Scopus database
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