master's thesis
Značaj intermedijarnih deviznih režima u financijskoj krizi i razdoblju recesije

Josip Markota (2016)
University of Split
Faculty of economics Split
Metadata
TitleZnačaj intermedijarnih deviznih režima u financijskoj krizi i razdoblju recesije : Diplomski rad
AuthorJosip Markota
Mentor(s)Mario Pečarić (thesis advisor)
Abstract
Ciljevi ovog istraživanja bili su utvrditi učinkovitost i značaj intermedijarnih deviznih režima u recentnoj situaciji financijske i makroekonomske nestabilnosti, utvrditi prednosti i nedostatke intermedijarnih deviznih režima i objasniti mogućnost korištenja intermedijarnih deviznih režima i slobodne monetarne politike za male otvorene ekonomije. U tu svrhu postavljena je i hipoteza koja se empirijski testirala dinamičkim panel modelom sa 8 CEE zemalja u razdoblju od 2008. do 2014. godine. Rezultati dobiveni analizom nisu potvrdili hipotezu, odnosno hipoteza je odbačena. Tvrdnje da intermedijarni devizni režimi imaju značajan utjecaj u nadilaženje makroekonomskih neravnoteža tokom financijske krize nisu se pokazale točnima. Hipoteza je dokazano statistički značajna. Osim hipoteze u radu su obrađeni i tečajni režimi općenito, njihova uloga u formiranju makroekonomskih politika te prednosti i nedostatci izbora pojedinog deviznog režima.
KeywordsForeign currency regimes macroeconomic instability the importance of the intermediate exchange rate regime
GranterUniversity of Split
Faculty of economics Split
PlaceSplit
StateCroatia
Scientific field, discipline, subdisciplineSOCIAL SCIENCES
Economics
Finance
Study programme typeuniversity
Study levelgraduate
Study programmeEconomics
Academic title abbreviationmag. oec.
Genremaster's thesis
Language Croatian
Defense date2016-06
Parallel abstract (English)
The objectives of this study were to determine the effectiveness and importance of intermediate exchange rate regimes in the recent situation of financial and macroeconomic instability, determine the advantages and disadvantages of intermediate exchange rate regimes and explain the possibility of using the intermediate exchange rate regimes and loose monetary policy in small open economies. To do this, set the hypothesis that empirically test the dynamic panel model with 8 CEE countries in the period from 2008 to 2014. Results obtained from the analysis did not confirm the hypothesis and hypothesis is rejected. Claims that intermediate exchange regimes have a significant impact in overcoming macroeconomic imbalances during the financial crisis haven’t proved to be correct. The hypothesis is proven statistically significant. Besides the hypothesis of this paper is processed and exchange rate regimes in general, their role in the formation of macroeconomic policies and the advantages and disadvantages of each choice of the foreign exchange regime.
Parallel keywords (Croatian)Devizni režimi makroekonomska nestabilnost značaj intermedijarnog deviznog režima
Resource typetext
Access conditionOpen access
Terms of usehttp://rightsstatements.org/vocab/InC/1.0/
URN:NBNhttps://urn.nsk.hr/urn:nbn:hr:124:935299
CommitterIvana Gizdić