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The thesis Fiscal and monetary policies of Czech Republic consists of two parts, theoretical and practical. Theoretical part describes economic policy in Czech Republic and its features, fiscal and monetary policy, in terms of theory taken mainly from economic literature and web portal of Ministry of Finance of Czech Republic and National bank of Czech Republic. Practical part contains analyses of application of individual policies, certain government and central bank precautions due to economic development in different years. Then observance of predetermined objectives of concrete policy is analyzed. In the next section econometric models are conducted with fiscal and separately monetary policy for determining if it corresponds to the economic theory and finding the greatest influence to the fiscal policy on gross domestic product and to monetary policy on inflation. The final part summarizes the results of all exploration issues and evaluation of fiscal and monetary policy |
