Monetary Policy Impact: USA and Switzerland Benefit, Czech Republic and Eurozone Lag
The article analyzes how different monetary policies affect the economy in the Czech Republic, USA, Eurozone, and Switzerland. By studying the relationship between the M3 monetary aggregate, consumer prices, and GDP, the researchers found that in the USA and Switzerland, monetary policies have a significant impact on economic indicators. However, in the Czech Republic and the Eurozone, these policies were found to be ineffective.