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Mindentől függetlenül. A monetáris politika hatása a gazdasági ciklusra Magyarországon
[Irrespective of everything. The effect of monetary policy on the economic cycle]

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Author Info

  • Ábel, István
  • Siklos, Pierre L.

Abstract

A magyar monetáris politika elmúlt évtizedét makroökonómia-tankönyvi modell keretében értékeljük, függetlenül a gazdaságpolitikai feltételek és a politikai hatások változásától. A monetáris politikát a gazdaságpolitika kulcselemeként értelmezzük, amelynek célja a gazdasági stabilitás elérése. E szemléletben a gazdasági ciklus mérséklése és az árstabilitás szolgálata egyaránt feladata a gazdaságpolitikának. Journal of Economic Literature (JEL) kód: E50, E52.

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Bibliographic Info

Article provided by Közgazdasági Szemle Alapítvány (Economic Review Foundation) in its journal Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences).

Volume (Year): LIV (2007)
Issue (Month): 11 ()
Pages: 945-959

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Handle: RePEc:ksa:szemle:948

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Postal: Közgazdasági Szemle Alapítvány (Economic Review Foundation) Budapest, Budaörsi út 45., 1112, Hungary
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References

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  1. Csermely, Ágnes, 2006. "Az inflációs cél követésének rendszere Magyarországon
    [The system for targeting inflation goals in Hungary]
    ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1058-1079.
  2. Carl E. Walsh, 2002. "Teaching Inflation Targeting: An Analysis for Intermediate Macro," The Journal of Economic Education, Taylor & Francis Journals, vol. 33(4), pages 333-346, January.
  3. Calvo, Guillermo A, 1978. "On the Time Consistency of Optimal Policy in a Monetary Economy," Econometrica, Econometric Society, vol. 46(6), pages 1411-28, November.
  4. A. Orphanides & J. Williams, 2003. "The decline of activist stabilization policy: natural rate misperceptions, learning, and expectations," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
  5. Gerdesmeier, Dieter & Roffia, Barbara, 2003. "Empirical estimates of reaction functions for the euro area," Working Paper Series 0206, European Central Bank.
  6. Carl E. Walsh, 2003. "Monetary Theory and Policy, 2nd Edition," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262232316, December.
  7. Marvin Goodfriend & Robert King, 1997. "The New Neoclassical Synthesis and the Role of Monetary Policy," NBER Chapters, in: NBER Macroeconomics Annual 1997, Volume 12, pages 231-296 National Bureau of Economic Research, Inc.
  8. Bofinger, Peter & Mayer, Eric & Wollmershäuser, Timo, 2006. "The BMW model: A new framework for teaching monetary economics," Munich Reprints in Economics 20214, University of Munich, Department of Economics.
  9. Siklos, Pierre L., 2006. "Managed floating as a strategy to achieve selected monetary policy objectives," Journal of Economics and Business, Elsevier, vol. 58(5-6), pages 447-464.
  10. Orphanides, Athanasios, 2003. "Monetary policy evaluation with noisy information," Journal of Monetary Economics, Elsevier, vol. 50(3), pages 605-631, April.
  11. Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 473-91, June.
  12. Hidi, János, 2006. "A magyar monetáris politikai reakciófüggvény becslése
    [Estimating the reaction function for Hungarian monetary policy]
    ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 1178-1199.
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