"[02765D3B6FF0]" . . "218;223" . . "Vybran\u00E9 aspekty kurzov\u00E9 politiky centr\u00E1ln\u00EDch bank v mal\u00FDch otev\u0159en\u00FDch ekonomik\u00E1ch a m\u011Bnov\u00E9 unii" . . "\u017Dilina" . "Taylor rule; European Central bank; monetary policy"@en . . . "RIV/62156489:43110/07:00112284" . . "Vybran\u00E9 aspekty kurzov\u00E9 politiky centr\u00E1ln\u00EDch bank v mal\u00FDch otev\u0159en\u00FDch ekonomik\u00E1ch a m\u011Bnov\u00E9 unii"@cs . "Selected Aspects of Exchange Rate Policy of the Central Banks in the Small Open Countries and Monetary Union"@en . "Vybran\u00E9 aspekty kurzov\u00E9 politiky centr\u00E1ln\u00EDch bank v mal\u00FDch otev\u0159en\u00FDch ekonomik\u00E1ch a m\u011Bnov\u00E9 unii"@cs . "Vybran\u00E9 aspekty kurzov\u00E9 politiky centr\u00E1ln\u00EDch bank v mal\u00FDch otev\u0159en\u00FDch ekonomik\u00E1ch a m\u011Bnov\u00E9 unii" . . . "The monetary policy of the central banks in the small open economies is determined by the economic growth, inflation rate and exchange rate. The real appreciation of their currency has impact on the interest rates. On the contrary, the monetary authorities in the large-currency areas are able to stabilize or target their currency without losing control over domestic interest rates and consequently without negative impact on aggregate demand and economic growth. This article focuses on the differences between the central banks' exchange rate policy strategy in the small open economies and the large-currency areas. The author applies regression analysis to identify causality between the short-term interest rates, exchange rate changes, economic growth and inflation."@en . "2007-01-01+01:00"^^ . . "43110" . . "Globalizacia a jej socialno-ekonomicke dosledky 2007" . . . "Z(MSM6215648904)" . "Selected Aspects of Exchange Rate Policy of the Central Banks in the Small Open Countries and Monetary Union"@en . "1"^^ . . . "1"^^ . . . "RIV/62156489:43110/07:00112284!RIV08-MSM-43110___" . "6"^^ . "978-80-969742-0-7" . "Monet\u00E1rn\u00ED politika centr\u00E1ln\u00EDch bank v mal\u00FDch otev\u0159en\u00FDch ekonomik\u00E1ch je determinov\u00E1na ekonomick\u00FDm r\u016Fstem, inflac\u00ED a devizov\u00FDm kurzem. Re\u00E1ln\u00E1 apreciace m\u011Bny m\u00E1 p\u0159\u00EDm\u00FD dopad na \u00FArokov\u00E9 sazby. Naopak v m\u011Bnov\u00FDch uni\u00EDch tv\u016Frci monet\u00E1rn\u00ED politiky mohou stabilizovat devizov\u00FD kurz ani\u017E by ztratili kontrolu nad dom\u00E1c\u00EDmi \u00FArokov\u00FDmi sazbami s negativn\u00EDm dopadem na dom\u00E1c\u00ED agreg\u00E1tn\u00ED popt\u00E1vku a n\u00E1sledn\u011B ekonomick\u00FD r\u016Fst. \u010Cl\u00E1nek se zab\u00FDv\u00E1 rozd\u00EDly mezi strategi\u00ED monet\u00E1rn\u00ED politiky centr\u00E1ln\u00EDch bank v mal\u00FDch otev\u0159en\u00FDch ekonomik\u00E1ch a m\u011Bnov\u00FDch uni\u00EDch. Autor prost\u0159ednictv\u00EDm v\u00EDcerozm\u011Brn\u00E9 regresn\u00ED anal\u00FDzy identifikuje z\u00E1vislost mezi kr\u00E1tkodob\u00FDmi \u00FArokov\u00FDmi sazbami, devizov\u00FDm kurzem, ekonomick\u00FDm r\u016Fstem a inflac\u00ED."@cs . "459272" . "Monet\u00E1rn\u00ED politika centr\u00E1ln\u00EDch bank v mal\u00FDch otev\u0159en\u00FDch ekonomik\u00E1ch je determinov\u00E1na ekonomick\u00FDm r\u016Fstem, inflac\u00ED a devizov\u00FDm kurzem. Re\u00E1ln\u00E1 apreciace m\u011Bny m\u00E1 p\u0159\u00EDm\u00FD dopad na \u00FArokov\u00E9 sazby. Naopak v m\u011Bnov\u00FDch uni\u00EDch tv\u016Frci monet\u00E1rn\u00ED politiky mohou stabilizovat devizov\u00FD kurz ani\u017E by ztratili kontrolu nad dom\u00E1c\u00EDmi \u00FArokov\u00FDmi sazbami s negativn\u00EDm dopadem na dom\u00E1c\u00ED agreg\u00E1tn\u00ED popt\u00E1vku a n\u00E1sledn\u011B ekonomick\u00FD r\u016Fst. \u010Cl\u00E1nek se zab\u00FDv\u00E1 rozd\u00EDly mezi strategi\u00ED monet\u00E1rn\u00ED politiky centr\u00E1ln\u00EDch bank v mal\u00FDch otev\u0159en\u00FDch ekonomik\u00E1ch a m\u011Bnov\u00FDch uni\u00EDch. Autor prost\u0159ednictv\u00EDm v\u00EDcerozm\u011Brn\u00E9 regresn\u00ED anal\u00FDzy identifikuje z\u00E1vislost mezi kr\u00E1tkodob\u00FDmi \u00FArokov\u00FDmi sazbami, devizov\u00FDm kurzem, ekonomick\u00FDm r\u016Fstem a inflac\u00ED." . "Rajecke Teplice" . "Kapounek, Svatopluk" . "\u017Dilinsk\u00E1 univerzita v \u017Diline" .