20.500.12556/DKUM-85423 Ekonometrična analiza vpliva monetarne politike na makroekonomske agregate za ZDA in Združeno kraljestvo Econometric Analysis of the Impact of Monetary Policy on Macroeconomic Aggregates for the US and United Kingdom Denarna politika v vsakem razvitem gospodarstvu igra izredno pomembno vlogo, nenazadnje skrbi za stabilno inflacijo, podpira pa še visoko zaposlenost in gospodarsko rast. S pomočjo ekonometričnega pristopa, natančneje Grangerjevega testa kavzalnosti, na podlagi dejanskih podatkov analiziramo vpliv spremenljivk denarne politike na pomembnejše makroekonomske agregate v ZDA in Združenem kraljestvu. V teoriji se ta vpliv prenaša v gospodarstvo preko transmisijskega mehanizma, najpogosteje preko obrestnih mer. Rezultati analize pokažejo, da znotraj enega leta, odločitve denarne politike obeh centralnih bank vplivajo preko spremembe vsaj ene variable na vsak obravnavan makroekonomski agregat v Grangerjevem smislu, vplivi pa so v obeh državah dokaj podobni. Monetary policy plays an extremely important role in every developed economy, mainly in ensuring stable inflation, while also supporting high employment and economic growth. With the help of an econometric approach, specifically the Granger causality test, we analyze the impact of monetary policy variables on the most important macroeconomic aggregates in the USA and the UK based on actual data. In theory, this influence is transmitted to the economy through a transmission mechanism, most often through interest rates. The results of the analysis show that within one year, the monetary policy decisions of the two central banks affect each considered macroeconomic aggregate in the Granger sense through the change of at least one variable, and the impacts are fairly similar in both countries. Bank of England denarna politika Federal Reserve Grangerjeva kavzalnost. Bank of England Federal Reserve Granger casualty monetary policy. true true false L. Novak Slovenski jezik Angleški jezik Diplomsko delo/naloga 2023-08-29 14:12:27 2023-10-18 10:41:57 2023-10-19 03:10:24 0000-00-00 00:00:00 2023 0 Maribor 0 0000-00-00 NiDoloceno NiDoloceno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 336.74 168889347 UN_Novak_Luka_2023.pdf UN_Novak_Luka_2023.pdf 1 4C81E528DB44FBD2C85F42D007B7DAA7 ce4f9afeb766a64a05f22d3902e5a1870b44893856ffeae55e60587c68d38bb6 faed34fe-5607-11ee-86d1-00155d000105 https://dk.um.si/Dokument.php?lang=slv&id=172430 Ekonomsko-poslovna fakulteta 0 0 0