FEATURES OF INTEREST-BEARING MONETARY POLICY INSTRUMENTS OF THE CZECH NATIONAL BANK
The features of the economic development of the Czech Republic after the global financial crisis, the role of the Czech National Bank in the formation of macroeconomic policies, as well as the peculiarities of monetary regulation in the study period have been defined in the article. The main goal of...
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Publishing House of the State University of Management
2020
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oai:doaj.org-article:0dc72a9e481240979db97f27c347d9a82021-12-03T07:43:32ZFEATURES OF INTEREST-BEARING MONETARY POLICY INSTRUMENTS OF THE CZECH NATIONAL BANK1816-42772686-841510.26425/1816-4277-2020-3-127-133https://doaj.org/article/0dc72a9e481240979db97f27c347d9a82020-05-01T00:00:00Zhttps://vestnik.guu.ru/jour/article/view/2142https://doaj.org/toc/1816-4277https://doaj.org/toc/2686-8415The features of the economic development of the Czech Republic after the global financial crisis, the role of the Czech National Bank in the formation of macroeconomic policies, as well as the peculiarities of monetary regulation in the study period have been defined in the article. The main goal of the paper is to assess the impact of interest rates used by the Czech National Bank in the process of monetary regulation on the dynamics of the main macroeconomic indicators, which is considered as one of the necessary conditions for the effectiveness of the inflation targeting regime. By the results of the correlation analysis and Fisher’s exact test, it has been determined that the Czech National Bank could affect the main macroeconomic indicators based on the percentage of monetary policy instruments used.A. V. BerdyshevN. S. BobyrPublishing House of the State University of Managementarticleczech national bankmonetary policyinflation targetingexchange rateinterest policydiscount ratelombard raterepo 2wSociology (General)HM401-1281Economics as a scienceHB71-74RUВестник университета, Vol 0, Iss 3, Pp 127-133 (2020) |
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DOAJ |
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RU |
topic |
czech national bank monetary policy inflation targeting exchange rate interest policy discount rate lombard rate repo 2w Sociology (General) HM401-1281 Economics as a science HB71-74 |
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czech national bank monetary policy inflation targeting exchange rate interest policy discount rate lombard rate repo 2w Sociology (General) HM401-1281 Economics as a science HB71-74 A. V. Berdyshev N. S. Bobyr FEATURES OF INTEREST-BEARING MONETARY POLICY INSTRUMENTS OF THE CZECH NATIONAL BANK |
description |
The features of the economic development of the Czech Republic after the global financial crisis, the role of the Czech National Bank in the formation of macroeconomic policies, as well as the peculiarities of monetary regulation in the study period have been defined in the article. The main goal of the paper is to assess the impact of interest rates used by the Czech National Bank in the process of monetary regulation on the dynamics of the main macroeconomic indicators, which is considered as one of the necessary conditions for the effectiveness of the inflation targeting regime. By the results of the correlation analysis and Fisher’s exact test, it has been determined that the Czech National Bank could affect the main macroeconomic indicators based on the percentage of monetary policy instruments used. |
format |
article |
author |
A. V. Berdyshev N. S. Bobyr |
author_facet |
A. V. Berdyshev N. S. Bobyr |
author_sort |
A. V. Berdyshev |
title |
FEATURES OF INTEREST-BEARING MONETARY POLICY INSTRUMENTS OF THE CZECH NATIONAL BANK |
title_short |
FEATURES OF INTEREST-BEARING MONETARY POLICY INSTRUMENTS OF THE CZECH NATIONAL BANK |
title_full |
FEATURES OF INTEREST-BEARING MONETARY POLICY INSTRUMENTS OF THE CZECH NATIONAL BANK |
title_fullStr |
FEATURES OF INTEREST-BEARING MONETARY POLICY INSTRUMENTS OF THE CZECH NATIONAL BANK |
title_full_unstemmed |
FEATURES OF INTEREST-BEARING MONETARY POLICY INSTRUMENTS OF THE CZECH NATIONAL BANK |
title_sort |
features of interest-bearing monetary policy instruments of the czech national bank |
publisher |
Publishing House of the State University of Management |
publishDate |
2020 |
url |
https://doaj.org/article/0dc72a9e481240979db97f27c347d9a8 |
work_keys_str_mv |
AT avberdyshev featuresofinterestbearingmonetarypolicyinstrumentsoftheczechnationalbank AT nsbobyr featuresofinterestbearingmonetarypolicyinstrumentsoftheczechnationalbank |
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1718373493647605760 |