Pojetí efektivnosti monetární politiky v historii a nyní

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Title in English Concepts of effectiveness of monetary policy in history and now
Authors

ČAPEK Jan

Year of publication 2006
Type Article in Proceedings
Conference Česká ekonomika v procesu globalizace, Kvantitativní metody a modely v ekonomii
MU Faculty or unit

Faculty of Economics and Administration

Citation
Field Economy
Keywords Monetary policy;effectiveness;potency;economic schools;IS-LM-BP
Description The article shows the evolution of opinions on monetary policy and its effectiveness. Basic words like effectiveness and monetary policy are defined in the beginning. Opinions of schools of economic thought on monetary policy are introduced. Special attention is paid to IS-LM-BP model and its implications for the effectiveness of monetary policy. Other contemporary approaches to monetary policy and its optimality are outlined. The results are summarized in Conclusions.
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