National Repository of Grey Literature 3 records found  Search took 0.01 seconds. 
Role amerického dolaru jako světové měny ve druhé polovině dvacátého století
Pavelec, Boris ; Johnson, Zdenka (advisor) ; Chalupecký, Petr (referee)
This thesis maps the role of the U.S. dollar as an international currency with a main focus on the second half of the 20th century and the role of dollar in the world economy. The thesis spans from the end of the Second World War to the eve of the last global financial crisis. The thesis documents, how dollar became the leading international currency during the Bretton Woods system era. Although the inner conflicts led to breakup of the system, dollar remained the most important currency. Despite many attempts, a successful reform of the international monetary system never happened since then. In the last 30 years, the uncoordinated U.S. monetary policy led to rapid growth of imbalances in the world economy and consequently to the 2007/08 Financial crisis. The thesis shows that the viable reform can build on the original plan of John M. Keynes, which prepared for the Bretton Woods conference.
The stability of long-term demand for broadly defined money in an open economy: case of the Czech republic 1994-2000
Melecký, Martin
This paper strives to enlarge the traditional form of money demand for closed economy with some additional foreign or international determinants. These are, according to presented theory of currency substitution, nominal exchange rate CZK/DEM (or CZK/USD) and yield of foreign assets (3M LIBOR on DEM-assets and Treasury Bill yield) expressed in Czech Crowns. Such specified money demand was estimated using three cointegration methods namely JOH(1), JOH(2) and DOLS to attain sufficient robustness of estimated money demand function.
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Selected questions of monetary policy in the Czech Republic
Jonáš, Jiří
This study deals with some issues of monetary policy in the period before the monetary shock after shock in connection with the entry into the European Monetary Union. There are discussed the causes of external imbalances, problems related to the election of a new monetary policy framework after leaving the fixed exchange rate, with the entry into the European Union.
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