This diploma thesis deal with decision making process in the Czech national bank's bank board in first six years after the switch to inflation targeting. Due to the transcripts from monetary policy meetings I analyze propensity and it's trend in preferences of bank's board members and compare it with their votings for change in interest rates. I show which members had the greatest influence on the bank board's decision in particular time. In the last part I compare optimal interest rate due to the Czech national bank's inflation target and external conditions to the member's preferences. Therefore I can evaluate the members and say who was the best monetary decision maker.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:19006 |
| Date | January 2010 |
| Creators | Štěpán, Petr |
| Contributors | Hurník, Jaromír, Mičúch, Marek |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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