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National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
Theoretical basis of inflation targeting and experiences with its practical use in the Czech Republic
 Plachý, Matěj ; Mandel, Martin (advisor) ; Štork, Zbyněk (referee)
This thesis focuses on the monetary policy regime known as inflation targeting. The first part mentions theoretical basis which are ground for this transmission mechanism. New Keynesian model, endogenous money theory and output gap as a conception of inflation are crucial for this theoretical concept. The next part focuses on history of inflation targeting, especially on the situation in the Czech Republic but there are also mentioned other economics, such as Poland, Hungary and Sweden. Analytical part shows some weak parts of inflation targeting which could be connected with its application. Some of them are analyzed on data from the Czech Republic.
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