The Relationship of Financial and Price Stability in the Context of the Czech Republic

Datos Bibliográficos

ID6109135
AutoresLukáš Pfeifer (Ministry of Finance of the Czech Republic), Zdeněk Pikhart (0000-0002-8176-8200, Ministry of Finance of the Czech Republic)
Año2014
Volumen62
Número1
Páginas49-66
Fecha de publicación2014-02-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaPolitická ekonomie (JOURNAL)
Identificadores de la revistaISSN: 0032-3233 • E-ISSN: 2336-8225
EditorialPrague University of Economics and Business (PUBLISHER • CZ)
DOI10.18267/j.polek.937
OpenAlexW282870369
IdiomaEN
Citas recibidas1
Referencias citadas34

The article deals with the theoretical issues of macroprudential policy, shift of monetary policy paradigm towards application of so called "leaning against the wind" strategy and mutual cooperation of these policies, which are both aimed at maintaining financial stability. For detection of financial instability are mainly used early warning indicators, which are most often based on the credit activity of the economy and asset prices development. In the second part, we examine the impact of the credit activity in the Czech Republic on the prices of particular assets and its subsequent effect on the consumer price index

Asset (computer security) · Context (archaeology) · Czech · Economics · Financial market · Financial stability · Financial system · Index (typography) · Macroeconomics · Monetary economics · Monetary policy · Price of stability · Real economy · Economic Analysis and Policy · Finance · Global Financial Crisis and Policies · Monetary Policy and Economic Impact