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Comparison of monetary expansion of selected economies after recent financial crisis and its overlap on the foerign exchange market

Authors :
Holeček, Jan
Pfeifer, Lukáš
Pikhart, Zdeněk
Publication Year :
2013
Publisher :
Vysoká škola ekonomická v Praze, 2013.

Abstract

Bachelor thesis tries to analyze monetary-political measures, used by selected central banks, after recent subprime crisis and follow-up financial crisis, with emphasis on nonstandard tools of monetary easing. In relation with nonstandard tools of monetary policy it focuses on topic of currency wars, and the influence of consequences of financial crisis and reactions of economic policy over exchange rate of selected economies. As the indicator of undervaluation or overvaluation of the exchange rate, the thesis shows the deviation from fundamental equilibrium exchange rate, which calculation takes into consideration the development of current account.

Details

Language :
Czech
Database :
OpenAIRE
Accession number :
edsair.od......2186..94af7c5bac62730713258003dc0e6e27