THE EFFECT OF MONETARY CONDITIONS ON INDIVIDUAL CATEGORIES OF PRICES IN THE CZECH REPUBLIC

被引：1
|
作者：
Pfeifer, Lukas [1 ]
Pikhart, Zdenek [2 ]
机构：
[1] Czech Natl Bank, Financial Stabil Dept, Macroprudential Policy Unit, Prague, Czech Republic
[2] Minist Finance Czech Republ, Financial Policy Dept, Macroecon Anal Unit, Prague, Czech Republic
来源：
POLITICKA EKONOMIE | 2015年 / 63卷 / 08期
关键词：
monetary policy; index of monetary conditions; impulse-response functions; risk channel of monetary policy; macro-prudential policy; financial stability;
D O I：
10.18267/j.polek.1046
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The article deals with the theoretical issues of macro-prudential policy, the influence of risk channel of monetary policy on financial stability and the cooperation of macro-prudential and monetary policy, respectively the compatibility of the objectives of these policies. On the Czech economy data is therefore tested the relationship between monetary policy conditions and prices of selected categories. The model results open the door to greater use especially of the industrial producer price index, respectively its sub-indices, for the coordination of monetary and macro-prudential policy in the Czech Republic.
引用
收藏
页码：948 / 966
页数：19
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