Globalization and Monetary Policy Tools at the Zero Lower Bound

Kód výsledku v 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>

Výsledek na webu

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

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

Globalization and Monetary Policy Tools at the Zero Lower Bound

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Globalization and Monetary Policy Tools at the Zero Lower Bound

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

—

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2016

Kód důvěrnosti údajů

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

Název statě ve sborníku

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

ISBN

9788081541919

ISSN

—

e-ISSN

—

Počet stran výsledku

8

Strana od-do

2085-2092

Název nakladatele

University of Žilina

Místo vydání

Žilina

Místo konání akce

Rájecké Teplice

Datum konání akce

1. 1. 2016

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000393253800259