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Ukončeno v akademickém roce 2020/2021

Monetary Policy of Open Economy

Type of study Follow-up Master
Language of instruction English
Code 156-0535/04
Abbreviation MPOE
Course title Monetary Policy of Open Economy
Credits 4
Coordinating department Department of Applied Economics
Course coordinator prof. Ing. Lumír Kulhánek, CSc.

Osnova předmětu

1.Role of money in market economy
2.Modern monetary system
3.Conventional monetary policy
4.Transmission mechanisms of monetary policy
5.Unconventional monetary policy
6.Seigniorage and fiscal dominance
7.Independence, transparency and responsibility of central banks
8.Monetary policy regimes [inflation targeting, money supply targeting, currency targeting]
9.Monetary policy and exchange rate
10.Monetary policy uncertainty
11.Monetary policy, prices of assets and financial stability
12.Monetary policy within and without monetary union
13.Modelling monetary policy
14.Monetary policy of Czech National Bank

Povinná literatura

WALSH, C. E. Monetary Theory and Policy. 4th Ed. Cambridge: MIT Press, 2017. 661 s. ISBN: 978-0-262-03581-1.
MAHADEVA L., STERNE G. Monetary policy framework in a global context. London: Routledge, 2000. 688 s. ISBN: 0-415-22618-X .

Doporučená literatura

O'BRIEN, D. P. The development of monetary economics: a modern perspective on monetary controversies. Cheltenham: Edward Elgar Publishing, 2007. 265 s. ISBN: 978-1-84720-260-4 .
CLAASSEN, E.-M. Global monetary Economics. Oxford University Press, 1996. 323 s. ISBN: 0-19-877464-8 .