Dlouhodobé efekty monetární politiky: může ČNB ovlivnit ekonomický růst?

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Title in English	Long-run Effects of Monetary Policy: Can CNB Influence Economic Growth?
Authors	CHROMEC Martin
Year of publication	2006
Type	Article in Periodical
Magazine / Source	Working paper CVKSČE
MU Faculty or unit	Faculty of Economics and Administration
Citation
Web	http://www.econ.muni.cz/centrum/papers/wp2006-12.pdf
Field	Economy
Keywords	monetary policy; economic growth; inflation; exchange rate; institutional framework
Description	The monetary policy is one of the most important components of economic policy since it may widely influence economic decisions. Is However is the central bank capable to affect the long-run path of economic growth? The aim of this paper is to identify the long-run effects of monetary policy. Theoretical findings are used to analyze the monetary policy in the case of the Czech Republic.
Related projects:	Research Centre for the Competitiveness of the Czech Economy