Název:
Economic Research Bulletin (2016, No.2) Číslo části: Volume 14, Number 2, November 2016 Název části: Financial Cycles and Macroprudential and Monetary Policies
Autoři:
Česká národní banka Typ dokumentu: Firemní tisk ISSN: 1803-7089
Rok:
2016
Jazyk:
eng
Abstrakt: Issues connected with the financial cycle have gained prominence in recent decades, as they form the key component of the time dimension of the newly formed macroprudential policies. Analysis of the financial cycle covers a combination of purely theoretical models (explaining different channels of propagation of the financial cycle to the real economy) and practical applications estimating the financial cycle (directly applicable to macroprudential policies such as the setting of countercyclical capital buffers). Financial cycle issues also influence the debate of the interaction between monetary and macroprudential policies. This edition of the Bulletin presents four articles that address financial cycle issues. Two of them are theoretical, one is purely empirical and one covers issues related to the interaction of the different policies conducted within the central bank.
Klíčová slova:
fiskální politika; makroekonomie; monetární politika; fiscal policy; macroeconomics; monetary policy
Práva: Dílo je chráněno podle autorského zákona č. 121/2000 Sb.