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2006 | nr 744 | 34--53
Tytuł artykułu

Problem wyboru systemu kursu walutowego a średniookresowy cel polityki monetarnej

Warianty tytułu
The Issue of Selecting a Currency Exchange Rate Regime and the Medium-term Objective of Monetary Policy
Języki publikacji
PL
Abstrakty
Przeprowadzono analizę dotyczącą wyboru reżimu kursowego w kontekście realizacji wewnętrznych celów polityki makroekonomicznej. Zbadano koszty i korzyści związane z funkcjonowaniem gospodarki w danym reżimie kursowym. Wskazano które cechy kursu walutowego, mogą się przyczynić do osiągnięcia średniookresowego lub długookresowego celu gospodarczego a z drugiej strony mogą utrudnić realizację przyjętych wcześniej celów.
EN
The selection of a currency exchange rate regime should be consistent with economic policy objectives. The most recent literature shows that the exchange rate regime is increasingly becoming an instrument used to achieve medium and even long-term objectives. This approach broadens the traditional application of an exchange rate described in the Mundell-Fleming model or in the theory of optimum currency areas, where the role of the exchange rate as a stabilising factor against economic shocks is emphasised. In this article, the author's analysis indicates the costs and benefits that an economy may achieve by selecting a given exchange rate regime. The author describes the attributes of currency exchange rate systems, which on the one hand may contribute to meeting medium or even long-term economic policy objectives, while on the other hand may constitute a significant obstacle to achieving previously adopted economic objectives. (original abstract)
Rocznik
Numer
Strony
34--53
Opis fizyczny
Twórcy
Bibliografia
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000131692432

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