This diploma thesis investigates the impact of monetary policy upon economic performance in the Eurozone, the Czech Republic and Poland. The research focuses on differences in sensitivity of output on money supply in form of monetary aggre-gates M1 and broader M2 and Real Interest Rate calculated from the EURIBOR, PRIBOR and WIBOR. The sensitivity is examined using Granger causality. The the-sis proves whether money supply and real interest rate granger causes real output in the Eurozone, the Czech Republic and Poland. Also monetary policies of the se-lected central banks are described and compared using Taylor monetary rule.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:189972 |
| Date | January 2015 |
| Creators | Niederle, Tomáš |
| Source Sets | Czech ETDs |
| Language | English |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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