Economics, Econometrics and Finance
6 years ago

Monetary Policy Changes to Smooth Economic Cycles and Boost Stability

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Acta academica karviniensia
Changes of Monetary Policy's Concept in the Context of the Business Cycle
Slavoj Czesaný

Paper Summary

The article explores how different approaches to monetary policy have evolved over time, from fixed exchange rates to targeting inflation. The main focus is on analyzing how monetary policy can help smooth out economic cycles. The researchers assess the strengths and weaknesses of various monetary policy concepts and discuss potential changes in policy settings for the future.

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