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National Repository of Grey Literature 1 records found  Search took 0.01 seconds. 
The effectiveness of monetary policy during the crisis
 Vávra, Stanislav ; Babin, Jan (advisor) ; Rod, Aleš (referee)
This thesis aims to empirically verify and analyze the effectiveness of monetary policy during the crisis, with a focus on inflation. It also shows the evolution of inflation and the volume of loans to non-financial corporations and households in the Czech Republic and Germany in each year. Empirical testing is set on the basis of correlation analysis. It explores the dependence between principal central bank interest rates, inflation and volume of loans to non-financial corporations and households in the Czech Republic and Germany. The results of the testing are much different in each of the countries. While in the Czech Republic, there was some effectiveness of monetary policy detected, it wasn't confirmed at all in case of Germany.
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