THE MONETARY AGGREGATES AND CURRENT OBJECTIVES OF EUROPEAN CENTRAL BANK

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989592%3A15210%2F17%3A73583025" target="_blank" >RIV/61989592:15210/17:73583025 - isvavai.cz</a>

Result on the web

<a href="http://ltn.lodz.pl/index.php?option=com_content&view=article&id=106&Itemid=69&limitstart=7" target="_blank" >http://ltn.lodz.pl/index.php?option=com_content&view=article&id=106&Itemid=69&limitstart=7</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.26485/SPE/2017/105" target="_blank" >10.26485/SPE/2017/105</a>

Result language

angličtina

Original language name

THE MONETARY AGGREGATES AND CURRENT OBJECTIVES OF EUROPEAN CENTRAL BANK

Original language description

Current quantitative easing brought into monetary policy of central banks unprecedented influence on monetary equilibrium and monetary policy as a whole. The issue of money and establishing interest rates are the main activities of central banks. Through issuing of money, the central banks immediately influence the behaviour of households, companies, financial markets and the state with measurable impact on main economic outcomes. The monetary policy strategy of the European Central Bank requires identification of a monetary aggregates which is a stable and reliable indicator of inflation over the medium term. This is closely related to growth of real GDP and the rate of unemployment. When monitoring the issue of money, it is necessary to focus not only on its volume, but also on the attributes and functions carried by money. The objective of the paper is to analyse the indivual monetary aggregates of issued money in the eurozone, their different effect on economy with a major impact on medium term growth of real domestic outcome. The paper deals with the denomination of the aggregate to its various elements within European Central Bank, which is significant for fulfilling its monetary policy targets.

Czech name

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Czech description

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Type

J_ost - Miscellaneous article in a specialist periodical

CEP classification

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OECD FORD branch

50206 - Finance

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2017

Confidentiality

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

Name of the periodical

Studies in Law and Economics

ISSN

0081-6841

e-ISSN

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Volume of the periodical

105

Issue of the periodical within the volume

4

Country of publishing house

PL - POLAND

Number of pages

24

Pages from-to

341-364

UT code for WoS article

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EID of the result in the Scopus database

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