National Repository of Grey Literature 2 records found  Search took 0.00 seconds. 
Monetary policy of the Federal Reserve System during financial and economic crisis
Babušák, Martin ; Mandel, Martin (advisor) ; Kodera, Jan (referee)
The aim of the thesis is to evaluate the effectiveness of measures taken by the Federal Reserve System in response to the 2007 financial crisis that was later joined by economic crisis. It analyzes effects caused by modification of existing programs, creation of new credit programs, support of systemically important institutions by the Fed and programs of outright purchase of selected assets on the open market. The thesis also examines the behavior of the Fed in setting of a target interest rate in longer term, from 2000 to 2011. The thesis verifies the validity of the Taylor rule of monetary policy by using regression analysis. Appendix at the end of the thesis emphasizes the importance of the U.S. dollar in the current international monetary system and the associated implications for the external stability of the U.S. economy.
The Federal Reserve System in the years 2000-2011
Lamaczová, Michaela ; Ježek, Tomáš (advisor) ; Mládek, Josef (referee)
Dissertation deals with the Federal reserve system, which is the central Bank of the United states of America. The dissertation is supposed to analyze monetary politics of FED with regard to the possible connection of this institution with the last financial crisis. Chapter nbr. I. introduces short history of the central banking in the USA, the situation before FED was created, circumstances with the enactment of Federal Reserve act from 1913, followed by foundation of FED and first of all about its task during the period of Great depression in the 30th of the 20th century. Enclosed is the overview of critical economical opinions how the FED was functioning. The second part of the dissertation describes the monetary politics of FED before the crisis years 2000-2007. It evaluates the main steps the FED undertook to prevent or alleviate the incomming crisis. Further it evaluates these steps with recommendations of renowned and respected economists. Next chapter deals with the mortgage market crisis and with the monetary politics of FED between the years 2007-2011. This chapter also describes different situation of FED and European central bank and their monetary politics as a reaction to the mortgage crisis. Fourth and last chapter is aimed at the possible cause of the financial crisis and present development of FED.

Interested in being notified about new results for this query?
Subscribe to the RSS feed.