MUNDELLOV - FLEMINGOV MODEL V REŽIME PEVNÉHO A VOĽNÉHO VÝMENNÉHO KURZU – POHĽAD NA VÝVOJ SLOVENSKEJ KORUNY

• Authors: Ivaničová Zlatica

Title variants

EN

Mundell - Fleming model in fixed and freely exchange rate regimes - view on the Slovak crown development

• Languages of publication: SK

Abstracts

EN

The paper is focused on the appreciation of the Slovak currency, which started to be a more significant in the second part of the year 2002. The application of the international relations (purchasing power parity, interest rate parity and Fischer relation) is not sufficiently successful for currency analysis. Therefore it is efficient to extend this analysis on monetary policy based on the balance of national bank and particular accounts of the balance of payments. The Mundell-Fleming model, its total differential formulation, appears as the actual instrument for the mentioned analysis. The recent process of the evaluation of the Slovak crown corresponds to the theoretical deduction of the Mundell-Fleming model.

Keywords

EN

EXCHANGE RATE; MONETARY POLICY; MUNDELL-FLEMING MODEL; SLOVAK CURRENCY

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2006
• Volume: 54
• Issue: 1
• Pages: 36-51
• Document type: ARTICLE

Contributors

author

Ivaničová Zlatica

• Z. Ivanicova, Ekonomický ústav SAV, Sancová 56, 811 05 Bratislava 1, Slovak Republic

Identifiers

CEJSH db identifier

06SKAAAA01152664