期刊名称：Acta Universitatis Lodziensis. Folia Oeconomica
印刷版ISSN：0208-6018
出版年度：2017
卷号：2017
期号：6
页码：159-173
DOI：10.18778/0208-6018.332.11
语种：Polish
出版社：Lodz University Press
摘要：The aim of the research,which results are presented in this paper was answer the ques‑ tion:what was the impact of changes in aggregate M3,interest rates,foreign exchange EUR/USD on the economic growth in the euro area in the period of 2008–2016.The econometric model VAR was applied in research.The Analysis of the model’s estimation results indicates that effectiveness of economic growth stimulation by quantitative easing and interest rate policy in the euro area was relatively very weak.
其他摘要：The aim of the research,which results are presented in this paper was answer the ques‑ tion:what was the impact of changes in aggregate M3,interest rates,foreign exchange EUR/USD on the economic growth in the euro area in the period of 2008–2016.The econometric model VAR was applied in research.The Analysis of the model’s estimation results indicates that effectiveness of economic growth stimulation by quantitative easing and interest rate policy in the euro area was relatively very weak.
关键词：monetary policy;interest rate;money aggregates;foreign exchange;model VAR
