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National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
Money demand changes after the financial crisis in the V4 countries
 Němcová, Radka
This thesis examines money demand changes after the financial crisis in the Czech Republic, Hungary, Poland and Slovak Republic. For this purpose I used monthly data of industrial production index and monetary aggregate M1. These data were adjusted for inflation and transformed by Hodrick Prescott filter in order to perform moving correlation. Obtained results were further used to determine motives for holding money according to Keynesian liquidity preference theory or they were explained by Post Keynesian theory. Next I decided whether there is a possibility to identify particular phases of business cycle in the context of money demand. For the purpose of effective running of industries I determined styles of management suitable for recovery and recession phase of business cycle.
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