Central Bank Independence – Theory and Case of Czech and Slovak National Bank
|Author:||Bc. Jakub Ulahel|
|Year:||2012 - summer|
|Leaders:|| doc. PhDr. Adam Geršl Ph.D.
|Work type:|| Bachelors
|Awards and prizes:|
|Abstract:||The topic of this thesis is the central bank independence. It is divided in two parts. The
first part is devoted to theoretical concepts that are they key instruments in discussion
about an independent monetary authority. Next chapters introduce several possibilities
how to measure central bank independence from purely legal indices to indicators
capturing the behavioral aspects of central banking. The second part deals with
application of previously acquired knowledge to the analysis of current status of the
Czech National Bank and the National Bank of Slovakia. The methodological approach
of this thesis balances on the borderlines of political economy, institutional economics,
purely abstract monetary policy and law.
|Downloadable:|| Bachelor Theses of Ulahel