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.
Related projects:	Monetary politics and macroeconomic stabilization: idenfication and application of general equilibrium models Research Centre for the Competitiveness of the Czech Economy