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Statements

Subject Item
n2:RIV%2F00216275%3A25410%2F14%3A39898895%21RIV15-MSM-25410___
rdf:type
skos:Concept n21:Vysledek
dcterms:description
The aim of this paper is to analyze and to compare unconventional monetary policy measures undertaken by selected central banks: the Czech National Bank, the European Central Bank, the Federal Reserve System, the Bank of England during the recent global crisis. It will also provide a more detailed analysis of these measures in low interest rates environment. Given the situation, once central banks find themselves with interest rates close to zero, financial systems have not been stabilized yet and the economic situation began to deteriorate sharply, by some central banks to carry out unconventional monetary policy, in the form of concrete, but in terms of individual country-specific measures of central banks. However, the central banks follow the same goal - to prevent the emergence of deflation and start economic recovery. Unconventional policy - such as the so - called quantitative easing - in principle focuses directly on the cost and availability of external financing for banks, households and non-financial companies. The aim of this paper is to analyze and to compare unconventional monetary policy measures undertaken by selected central banks: the Czech National Bank, the European Central Bank, the Federal Reserve System, the Bank of England during the recent global crisis. It will also provide a more detailed analysis of these measures in low interest rates environment. Given the situation, once central banks find themselves with interest rates close to zero, financial systems have not been stabilized yet and the economic situation began to deteriorate sharply, by some central banks to carry out unconventional monetary policy, in the form of concrete, but in terms of individual country-specific measures of central banks. However, the central banks follow the same goal - to prevent the emergence of deflation and start economic recovery. Unconventional policy - such as the so - called quantitative easing - in principle focuses directly on the cost and availability of external financing for banks, households and non-financial companies.
dcterms:title
Monetary Policy of Central Banks in the Times of Financial Crises Monetary Policy of Central Banks in the Times of Financial Crises
skos:prefLabel
Monetary Policy of Central Banks in the Times of Financial Crises Monetary Policy of Central Banks in the Times of Financial Crises
skos:notation
RIV/00216275:25410/14:39898895!RIV15-MSM-25410___
n4:aktivita
n13:I n13:S
n4:aktivity
I, S
n4:dodaniDat
n5:2015
n4:domaciTvurceVysledku
n16:6218776 n16:8061114
n4:druhVysledku
n20:D
n4:duvernostUdaju
n11:S
n4:entitaPredkladatele
n8:predkladatel
n4:idSjednocenehoVysledku
30349
n4:idVysledku
RIV/00216275:25410/14:39898895
n4:jazykVysledku
n18:eng
n4:klicovaSlova
financial crises; central banks; monetary policy
n4:klicoveSlovo
n9:financial%20crises n9:central%20banks n9:monetary%20policy
n4:kontrolniKodProRIV
[896153E40893]
n4:mistoKonaniAkce
Albena
n4:mistoVydani
Sofia
n4:nazevZdroje
SGEM Conference on Political Sciences, Law, Finance, Economics and Tourism, Conference proceedings, Volume II, %22Finance%22
n4:obor
n12:AH
n4:pocetDomacichTvurcuVysledku
2
n4:pocetTvurcuVysledku
2
n4:rokUplatneniVysledku
n5:2014
n4:tvurceVysledku
Flosová, Hana Černohorská, Liběna
n4:typAkce
n19:WRD
n4:zahajeniAkce
2014-09-03+02:00
s:issn
2367-5659
s:numberOfPages
8
n17:doi
10.5593/sgemsocial2014/B22/S6.063
n14:hasPublisher
SGEM
n3:isbn
978-619-7105-26-1
n15:organizacniJednotka
25410