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Mgr. Jan Vlček, Ph.D.

Doctoral thesis

Monetary Policy and its Stabilization Role

Monetary Policy and its Stabilization Role
Abstract:
The thesis evaluates stabilization role of central bank in terms of robustness and sensitivity of optimal rules with respect to features of macroeconomic environment. To assess optimal rule properties consistently with current mainstream of monetary policy, it was necessary to develop and calibrate structural model and derive second order approximation of welfare loss. Based on these results the robustness …more
 

Keywords

small open economy model optimal rules robustness of optimal rules second order approximation of welfare function
 
Language used: English
Date on which the thesis was submitted / produced: 14. 5. 2007
Identifier: https://is.muni.cz/th/pitm3/

Thesis defence

  • Date of defence: 14. 5. 2007
  • Supervisor: prof. Ing. Osvald Vašíček, CSc.
  • Reader: Michal Andrle, Martin Fukac

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Institution archiving the thesis and making it accessible: Masarykova univerzita, Ekonomicko-správní fakulta
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