Impact of monetary policy on level of gross fixed capital in Czech Republic Cover Image

Vliv monetární politiky na tvorbu hrubého fixního kapitálu v České republice
Impact of monetary policy on level of gross fixed capital in Czech Republic

Author(s): Erika Urbánková, David Křížek, Josef Brčák
Subject(s): National Economy, Economic policy, Financial Markets, Fiscal Politics / Budgeting
Published by: Vysoká škola evropských a regionálních studií, z. ú.
Keywords: Czech Republic; Czech National Bank; interest rates; monetary policy; gross fixed capital; gross value added;

Summary/Abstract: The paper evaluates the impact of the Czech National Bank´s interest rates on gross fixed capital formation and gross value added in the Czech Republic. The aim of the paper is to evaluate the strength and the direction of dependence between interest rates and economic performance indicators. The partial aim is to evaluate the dependence of selected variables. Secondary data for correlation and regression analysis are obtained from the Czech Statistical Office and the Czech National Bank, with the time scale 2002-2017.

  • Issue Year: 2019
  • Issue No: 2
  • Page Range: 39-51
  • Page Count: 13
  • Language: Czech