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Monetary policy and external relations

Summary

1. Comparison of theoretical approaches to monetary theory.
2. Empirical evidence on money, process, and output.
3. Money and public finance.
4. Discretionary policy and time inconsistency.
5. New Keynesian monetary economics.
6. Unconventional forms of monetary policy.
7. Monetary policy in open economy.
8. International economic relations and international finance.

Literature

MAHADEVA Lavan and Gabriel STERNE. Monetary Policy Framework in a Global Context. London: Routledge, 2000. 688 s. ISBN: 0-415-22618-X .
PEARCE, Robert. The Development of International Business. Cheltenham: Edward Elgar Publishing, 2017. 168 s. ISBN: 978 1 78643 997 0 .
WALSH, Carl E. Monetary Theory and Policy. 4th Ed. Cambridge: MIT Press, 2017. 661 s. ISBN: 978-0-262-03581-1.

Advised literature

BERNANKE, Ben S. and Michael WOODFORD (Eds.) The Inflation-Targeting Debate. Chicago: University of Chicago Press, 2005. 458 s. ISBN: 0-226-04471-8.
CLAASSEN, Emil-Maria. Global Monetary Economics. Oxford University Press, 1996. 323 s. ISBN: 0-19-877464-8 .
O'BRIEN, Denis 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 .


Language of instruction čeština, čeština
Code 156-0913
Abbreviation MPVV
Course title Monetary policy and external relations
Coordinating department Department of Applied Economics
Course coordinator prof. Ing. Luboš Komárek, Ph.D. MBA M.Sc.