Three essays on central banking and credibility [rukopis] /

Three essays on central banking and credibility [rukopis] /

Holub, Tomášdis

Cahlík, Tomáš,1946-ths

Univerzita Karlova.Institut ekonomických studiíxx0005480dgg

manuscripttext

dizertace

[S.l.],

2001

eng

This dissertation contains three essays related to the modern trends in central banking and its credibility. The first essay focuses on the political-economy aspects of the inflationary bias, arguing in favour of preserving a high degree of monetary policy independence. The second essay discusses what factors should influence the choice between a floating exchange rate and adopting a fixed exchange rate as simple policy rule, trying to import credibility and monetary stability from abroad. The last essay discusses some aspects of the central bank's financial independence and its inter-relationships with credibility.

Disertační práce (PhD.)--Univerzita Karlova. Fakulta sociálních věd. Institut ekonomických studií, 2001

This dissertation contains three essays related to the modern trends in central banking and its credibility. The first essay focuses on the political-economy aspects of the inflationary bias, arguing in favour of preserving a high degree of monetary policy independence. The second essay discusses what factors should influence the choice between a floating exchange rate and adopting a fixed exchange rate as simple policy rule, trying to import credibility and monetary stability from abroad. The last essay discusses some aspects of the central bank's financial independence and its inter-relationships with credibility.

bankovnictví

Ekonomika finanční

Práce disertační

Úvěry

Finanční ekonomika