Monetary Policy and Commodity Prices: The Impact of Oil Price Shock on the Czech Economy
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F11%3A86081610" target="_blank" >RIV/61989100:27510/11:86081610 - 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
Monetary Policy and Commodity Prices: The Impact of Oil Price Shock on the Czech Economy
Original language description
This article discusses the relationship between monetary policy and oil prices and, in a broader sense, commodity prices. Firstly, it discusses the existence of ?transmission channels? trough which monetary policy can be propagated to oil prices (or prices of commodities). Subsequently, it provides an insight into the CNB´s forecasting process, both by looking retrospectively at the oil price outlook in the past and by analysing a transitory and a permanent shock (a rise in the oil price of USD 30/b). The simulated oil price shock is calculated from the average level of Brent oil prices in the first quarter of 2010, i.e. USD 77.50/b.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
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
2011
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
MEKON 2011 : the CD of participants' reviewed papers from 13th International Conference
ISBN
978-80-248-2372-0
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
"'CD"-"neuvedeno'"
Publisher name
VŠB - Technická univerzita Ostrava
Place of publication
Ostrava
Event location
Ostrava
Event date
Feb 2, 2011
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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