Pregled bibliografske jedinice broj: 621777
Monetary Conditions Index for Croatia
Monetary Conditions Index for Croatia // Ekonomska istraživanja, 25 (2012), S.I. 1; 47-64 (međunarodna recenzija, članak, znanstveni)
CROSBI ID: 621777 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Monetary Conditions Index for Croatia
Autori
Benazić, Manuel
Izvornik
Ekonomska istraživanja (1331-677X) 25
(2012), S.I. 1;
47-64
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
Monetary Conditions Index (MCI); monetary policy; co-integration; Croatia
Sažetak
MCI is an indicator of the combined effect of short-term interest rates and exchange rates on price level and aggregate demand. In construction of the index for Croatia, Engle-Granger co- integration method of time series was used. Obtained results indicate that in the observed period monetary policy in Croatia was mainly expansive, suggesting an easing of monetary conditions. However, it is necessary to bear in mind a number of limitations in the conduct of Croatian monetary policy if it is to be based on the use of the MCI. The most important constrain, that reduces the possibility of freely determining domestic interest rates and money supply, stems from a relative freedom of international capital flows between Croatia and other countries and the necessity of maintaining a stable nominal exchange rate due to a highly euroized economy.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
Napomena
Rad je kao predavanje prezenriran na skupu The 5th International Scientific Conference: "Entrepreneurship and Macroeconomic Management: Reflections on the World in Turmoil", održanom od 24-26.03.2011.g., Pula, Hrvatska ; objavljen u Zborniku ; K. Afrić Rakitovac, V. Šugar, V. Bevanda (ur.). - Pula : Sveučilište Jurja Dobrile u Puli, OET , 2011. ; str. 968-984 ; ISBN 978-953- 7498-41-2.
POVEZANOST RADA
Projekti:
145-0000000-2592 - Koliko države ili kakav sustav javnih financija treba Hrvatskoj u 21. stoljeću?
303-0000000-2592 - Koliko države ili kakav sustav javnih financija treba Hrvatskoj u 21. stoljeću? (Krtalić, Sandra, MZOS ) ( CroRIS)
Ustanove:
Sveučilište Jurja Dobrile u Puli
Profili:
Manuel Benazić
(autor)
Citiraj ovu publikaciju:
Časopis indeksira:
- Web of Science Core Collection (WoSCC)
- Social Science Citation Index (SSCI)
- SCI-EXP, SSCI i/ili A&HCI
- Scopus
Uključenost u ostale bibliografske baze podataka::
- ABI/INFORM
- CAB Abstracts
- EconLit
- Geobase
- Social SciSearch, Journal Citation, Thomson Reuters (USA), EBSCO Publishing Database, Scopus, Cabell's Directory of Publishing Opportunities in Economics & Finance (Beaumont, USA), Index Copernicus Journals