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Regulace nabídky peněz prostřednictvím monetární báze
[Long Run Relationship between the High-Power Money and the Money Supply]


  • Eva Ferreira-Garcia
  • María-José Gutiérrez
  • Marta Regúlez


In the major part covers the monetary policy managed in two levels. The first level is setting down desirable goals for given economy and ways how to reach through regulations transitive goals. This regulation is practised in the second level. The paper is dealing with empirical relationships among monetary base and monetary aggregates with using co-integration methods.

Suggested Citation

  • Eva Ferreira-Garcia & María-José Gutiérrez & Marta Regúlez, 1997. "Regulace nabídky peněz prostřednictvím monetární báze
    [Long Run Relationship between the High-Power Money and the Money Supply]
    ," Politická ekonomie, University of Economics, Prague, vol. 1997(1), pages 46-58.
  • Handle: RePEc:prg:jnlpol:v:1997:y:1997:i:1:id:266:p:46-58

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