Tytuł pozycji:
Polityka pieniężna a bezrobocie równowagi w Polsce
- Tytuł:
-
Polityka pieniężna a bezrobocie równowagi w Polsce
- Autorzy:
-
Kucharski, Leszek
- Powiązania:
-
https://bibliotekanauki.pl/articles/656864.pdf
- Data publikacji:
-
2012
- Wydawca:
-
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
- Źródło:
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Acta Universitatis Lodziensis. Folia Oeconomica; 2012, 268
0208-6018
2353-7663
- Język:
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nieokreślony
- Prawa:
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Wszystkie prawa zastrzeżone. Swoboda użytkownika ograniczona do ustawowego zakresu dozwolonego użytku
- Dostawca treści:
-
Biblioteka Nauki
-
Przejdź do źródła  Link otwiera się w nowym oknie
The purpose of this paper is to present the equilibrium level of unemployment in Poland and
examine whether the changes in it affected the degree of restrictiveness of monetary policy
between 1998 and 2009.
An estimation based on the flow methods within those years, showed that the equilibrium level
of unemployment, shifted in the same direction as the actual rate of unemployment. This may
indicate the occurrence of hysteresis effect in unemployment in the Polish economy; however, this
hypothesis requires a separate analysis. In addition, What's more, during almost the whole period
(except for 2001) the level of the actual unemployment rate exceeded the level of equilibrium
unemployment. This may suggest that the monetary policy conducted by the NBP was too
restrictive.
An analysis of the MCI indices showed that the degree of restrictiveness of monetary policy
was changing over the period stance. During that time there was a very weak negative correlation
between MCI index (which measures the degree of restrictiveness of monetary policy) and the
level of equilibrium unemployment.