Perspektivy cílování inflace jako měnověpolitického režimu

Abstract

This diploma thesis is focused on monetary regime inflation targeting. Its aim is to evaluate whether even now this regime is viable. Thesis is backed by thoretic literature defining monetary policy as a whole and also by empiric literature about inflation targeting. There is a central bank reaction function model included in the thesis. The end of the thesis is dedicated to alternative monetary policy regimes and their viability to substitute current monetary policy regime. But conclusion of discussion is, that it is not necessary in the current situation.