Czy współczesne banki centralne powinny troszczyć się o bezrobocie?

• Autorzy: Paweł Marszałek

Warianty tytułu

Should Contemporary Central Banks Care about Unemployment

• Języki publikacji: PL

Abstrakty

W kontekście ponownego wzrostu presji inflacyjnej w wielu krajach i zdecydowanie przedwcześnie ogłoszonej "śmierci" inflacji, nasuwa się pytanie, czy w zarysowanym podejściu do prowadzenia polityki pieniężnej jest miejsce dla ewentualnego (skutecznego) wpływu banku centralnego na bezrobocie. Celem opracowania jest syntetyczne przedstawienie pod tym kątem wybranych elementów konsensusu. W punkcie pierwszym zarysowano genezę wspólnego podejścia do celów i sposobów realizacji polityki pienężnej. Punkt drugi poświęcono zagadnieniu stabilności poziomu cen jako celu tej polityki. W punkcie trzecim scharakteryzowano możliwości odziaływania przez bank centralny na zmienne realne w sytuacji realizacji strategii bezpośredniego celu inflacyjnego. Punkt czwarty przybliża problemy, jakie mogłyby się wiązać z zapewnieniem odpowiedniej wiarygodności w przypadku podejmowania przez bank centralny prób wpływania na poziom produkcji i bezrobocia. (fragment tekstu)

EN

A broad consensus has recently emerged about goals and the way of conducting monetary policy. It is closely connected with the so-called New Neoclassical Synthesis. According to the consensus, the main goal of monetary policy should be price stability, while it is pointless, or even impossible, to try to boost economic growth and unemployment by means of this policy. Nevertheless, individual parts of the consensus leave some room for influencing also the real side of the economy. Such activity should, however, be aimed at elimination of potential inflationary pressure in the future, arising from volatility of output and real shocks. It should not be treated as a goal of the central bank. The best contribution of monetary policy to production and unemployment is achieving and maintaining price stability. (original abstract)

Słowa kluczowe

PL

Banki centralne; Bezrobocie; Polityka pieniężna; Ceny; Inflacja

EN

Central banks; Unemployment; Monetary policy; Prices; Inflation

• Czasopismo: Zeszyty Naukowe / Uniwersytet Ekonomiczny w Poznaniu
• Rocznik: 2009
• Numer: nr 118
• Strony: 62-82

Twórcy

autor

Paweł Marszałek

• Uniwersytet Ekonomiczny w Poznaniu

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