THE MONETARY AGGREGATES AND CURRENT OBJECTIVES OF EUROPEAN CENTRAL BANK

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

THE MONETARY AGGREGATES AND CURRENT OBJECTIVES OF EUROPEAN CENTRAL BANK

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

THE MONETARY AGGREGATES AND CURRENT OBJECTIVES OF EUROPEAN CENTRAL BANK

Popis výsledku anglicky

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.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50206 - Finance

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2017

Kód důvěrnosti údajů

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

Název periodika

Studies in Law and Economics

ISSN

0081-6841

e-ISSN

—

Svazek periodika

105

Číslo periodika v rámci svazku

4

Stát vydavatele periodika

PL - Polská republika

Počet stran výsledku

24

Strana od-do

341-364

Kód UT WoS článku

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EID výsledku v databázi Scopus

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