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Description
  • The issue of money and establishing interest rates are the main activities of central banks. Through this, the banks immediately influence the behaviour of households, companies, financial markets and the state with the impact on real outcome, employment and prices. When monitoring the issue of money, it is necessary to focus not only on its volume, but also on the attributes and functions carried by money. The objective of the paper is to point out different approaches to the monetary equilibrium and equation of exchange and their modifications and different meanings of their variables. This approach is very important especially at present in the time of crisis when central banks are performing their policy considering contradictory targets of price stability and economic growth.
  • The issue of money and establishing interest rates are the main activities of central banks. Through this, the banks immediately influence the behaviour of households, companies, financial markets and the state with the impact on real outcome, employment and prices. When monitoring the issue of money, it is necessary to focus not only on its volume, but also on the attributes and functions carried by money. The objective of the paper is to point out different approaches to the monetary equilibrium and equation of exchange and their modifications and different meanings of their variables. This approach is very important especially at present in the time of crisis when central banks are performing their policy considering contradictory targets of price stability and economic growth. (en)
Title
  • The Central Bank Issuing Policy and Fisher's Equation of Exchange
  • The Central Bank Issuing Policy and Fisher's Equation of Exchange (en)
skos:prefLabel
  • The Central Bank Issuing Policy and Fisher's Equation of Exchange
  • The Central Bank Issuing Policy and Fisher's Equation of Exchange (en)
skos:notation
  • RIV/61989592:15210/13:33148202!RIV14-MSM-15210___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • I
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  • 64552
http://linked.open...ai/riv/idVysledku
  • RIV/61989592:15210/13:33148202
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http://linked.open.../riv/klicovaSlova
  • Issue of money, central bank, monetary policy, monetary equilibrium, money aggregates, monetarism, Irving Fisher, Milton Friedman (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...odStatuVydavatele
  • RO - Rumunsko
http://linked.open...ontrolniKodProRIV
  • [887A668E5677]
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  • Global Economic Observer
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http://linked.open...ichTvurcuVysledku
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http://linked.open...v/svazekPeriodika
  • 1
http://linked.open...iv/tvurceVysledku
  • Pospíšil, Richard
issn
  • 2343-9742
number of pages
http://localhost/t...ganizacniJednotka
  • 15210
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