Počet záznamů: 1
The effects of monetary policy in the Czech Republic: an empirical study
- 1.0316688 - NHÚ 2009 US eng J - Článek v odborném periodiku
Morgese Borys, Magdalena - Horvath, R.
The effects of monetary policy in the Czech Republic: an empirical study.
William Davidson Institute Working Paper Series. -, č. 922 (2008), s. 1-27
Grant ostatní: Česká národní banka(CZ) A3/07
Výzkumný záměr: CEZ:AV0Z70850503
Klíčová slova: monetary policy transmission * vector autoregression * sectoral prices
Kód oboru RIV: AH - Ekonomie
http://www.wdi.umich.edu/files/Publications/WorkingPapers/wp922.pdf
In this paper, we examine the effects of Czech monetary policy on the economy within VAR, structural VAR, and the Factor-Augmented VAR framework. The results indicate a rather persistent appreciation of domestic currency after monetary tightening with a gradual depreciation afterwards.
Trvalý link: http://hdl.handle.net/11104/0166530
Počet záznamů: 1