Foreign exchange intervention by the Czech National Bank and
its consequences

D 2016

Foreign exchange intervention by the Czech National Bank and its consequences

SPONER, Miroslav a Martina SPONEROVÁ

Základní údaje

Originální název

Foreign exchange intervention by the Czech National Bank and its consequences

Autoři

SPONER, Miroslav a Martina SPONEROVÁ

Vydání

Brno, European Financial Systems 2016. Proceedings of the 13th International Scientific conference, Brno: Masaryk University, 2016, od s. 737-744, 8 s. 2016

Nakladatel

Masarykova Univerzita

Další údaje

Jazyk

angličtina

Typ výsledku

Stať ve sborníku

Obor

50200 5.2 Economics and Business

Stát vydavatele

Česká republika

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

tištěná verze "print"

Odkazy

European Financial Systems

Označené pro přenos do RIV

Ano

Kód RIV

RIV/00216224:14560/16:00091142

Organizační jednotka

Ekonomicko-správní fakulta

ISBN

978-80-210-8308-0

UT WoS

000385692200098

Klíčová slova anglicky

deflation; exchange rate; foreign exchange interventions; monetary policy; zero lower bound

Změněno: 28. 11. 2016 13:29, Ing. Martina Sponerová, Ph.D.

Anotace

V originále

The article generally analyses the causes leading up to the foreign exchange intervention by the Czech National Bank in November 2013 and its consequences. The article examines the use of exchange rate by the Czech National Bank as a monetary policy instrument at the zero lower bound on interest rates. It explains the reasons for further easing monetary policy and for choosing the exchange rate intstrument and its specific level, and discusses its expected benefits in the case of the Czech Republic.

Návaznosti

MUNI/A/1025/2015, interní kód MU

Název: Hrozby a výzvy prostředí přetrvávajících nízkých úrokových sazeb pro vývoj a stabilitu finančního systému (Akronym: FinStabilita)

Investor: Masarykova univerzita, Hrozby a výzvy prostředí přetrvávajících nízkých úrokových sazeb pro vývoj a stabilitu finančního systému, DO R. 2020_Kategorie A - Specifický výzkum - Studentské výzkumné projekty

Citovat

SPONER, Miroslav a Martina SPONEROVÁ. Foreign exchange intervention by the Czech National Bank and its consequences. In Jan Krajíček, Josef Nešleha, Karel Urbanovský. European Financial Systems 2016. Proceedings of the 13th International Scientific conference, Brno: Masaryk University, 2016. Brno: Masarykova Univerzita, 2016, s. 737-744. ISBN 978-80-210-8308-0.

@inproceedings{1356480,
   author = {Sponer, Miroslav and Sponerová, Martina},
   address = {Brno},
   booktitle = {European Financial Systems 2016. Proceedings of the 13th International Scientific conference, Brno: Masaryk University, 2016},
   editor = {Jan Krajíček, Josef Nešleha, Karel Urbanovský},
   keywords = {deflation; exchange rate; foreign exchange interventions; monetary policy; zero lower bound},
   howpublished = {tištěná verze "print"},
   language = {eng},
   location = {Brno},
   isbn = {978-80-210-8308-0},
   pages = {737-744},
   publisher = {Masarykova Univerzita},
   title = {Foreign exchange intervention by the Czech National Bank and its consequences},
   url = {http://www.efs.econ.muni.cz/},
   year = {2016}
}

TY  - CONF
ID  - 1356480
AU  - Sponer, Miroslav - Sponerová, Martina
PY  - 2016
TI  - Foreign exchange intervention by the Czech National Bank and its consequences
PB  - Masarykova Univerzita
CY  - Brno
SN  - 9788021083080
KW  - deflation
KW  - exchange rate
KW  - foreign exchange interventions
KW  - monetary policy
KW  - zero lower bound
UR  - http://www.efs.econ.muni.cz/
L2  - http://www.efs.econ.muni.cz/
N2  - The article generally analyses the causes leading up to the foreign exchange intervention by the Czech National Bank in November 2013 and its consequences. The article examines the use of exchange rate by the Czech National Bank as a monetary policy instrument at the zero lower bound on interest rates. It explains the reasons for further easing monetary policy and for choosing the exchange rate intstrument and its specific level, and discusses its expected benefits in the case of the Czech Republic.
ER  -

SPONER, Miroslav a Martina SPONEROVÁ. Foreign exchange intervention by the Czech National Bank and its consequences. In Jan Krajíček, Josef Nešleha, Karel Urbanovský. \textit{European Financial Systems 2016. Proceedings of the 13th International Scientific conference, Brno: Masaryk University, 2016}. Brno: Masarykova Univerzita, 2016, s.~737-744. ISBN~978-80-210-8308-0.

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