Název:
Transparency and credibility of menetary policy in transition countries: the case of the Czech republic
Autoři:
Matoušek, Roman Typ dokumentu: Výzkumné zprávy
Rok:
2001
Jazyk:
eng
Nakladatel: Česká národní banka
Edice: Working paper series, svazek: 37/2001
Abstrakt: This study is about what asset price can tell us about the evolving credibility of the monetary policy of the Czech National Bank (CNB). From the beginning of the 1990s, several market economies adopted direct inflation targeting. The focus of analysis is to examine the effect of changes in the two-week repo rate (the official interest rate) on short and longmaturity market interest rates.
Klíčová slova:
centrální banka cedulová; monetární politika; úroková míra; central bank of issue; Czech national bank; economy; interest rate; monetary policy
Práva: Dílo je chráněno podle autorského zákona č. 121/2000 Sb.