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Monetary and fiscal policy mix in the Czech Republic: empirical verification of the principle of effective market classification

Mandel, Martin; Tomšík, Vladimír - In: Politická ekonomie 2001 (2001) 2

Czech economy - a small open economy with controlled floating exchange rate system and high inflow of foreign direct …

Persistent link: https://www.econbiz.de/10005258257

The Interaction of Monetary and Fiscal Policy in the Visegrad Group Countries

Janků, Jan; Kappel, Stanislav; Kučerová, Zuzana - In: Politická ekonomie 2014 (2014) 4, pp. 459-479

The aim of this article is to estimate the mutual interaction of monetary and fiscal policy in the Visegrad Group countries, i.e. in the Czech Republic, Slovakia, Poland, and Hungary. The relations between monetary and fiscal policy - its coordination, cooperation or mutual antagonism - are...

Persistent link: https://www.econbiz.de/10011228242

The consumption function and Ricardian equivalence in a small open economy

Mandel, Martin; Tomšík, Vladimír - In: Politická ekonomie 2003 (2003) 4

is examined in more detail under a condition of a small open economy. The paper explains the variety of consumption … the economy heads to equilibrium by itself. However, the consumption reaction seems to be irrational under an internal …

Persistent link: https://www.econbiz.de/10004963586

Context of Economic Policy and the Current Financial and Economic Crisis

Czesaný, Slavoj - In: Politická ekonomie 2013 (2013) 6, pp. 770-794

the development of economy fundamentals. The article is going to inspect three areas: (i) What development trends and … economy; (ii) How economic policies responded to the course of the financial and economic crisis; (iii) What was the effect … financial crisis had on the real economy development? The main task for after-crisis periods is to improve setting of monetary …

Persistent link: https://www.econbiz.de/10011195207

Czech economy in 2000: a turn toward growth

Janáček, Kamil; Čihák, Martin; Frýdmanová, Marie; … - In: Politická ekonomie 2000 (2000) 3

The authors present an analysis of the most recent trends in the Czech economy. They claim that the economy is going … through a turning point in its development: after two years of a decline, the economy is likely to grow again in 2000. The …

Persistent link: https://www.econbiz.de/10005258110

Macroeconomic development in Hungary after 1995

Srholec, Martin - In: Politická ekonomie 2001 (2001) 6

The article analyses main features of macroeconomic development in Hungary after macroeconomic restriction in spring 1995. Years 1995 - 2000 are viewed as a successful period of accelerating economic growth, high foreign direct investment inflow combined with rising external competitiveness of...

Persistent link: https://www.econbiz.de/10005258121

The external imbalance: painful consolidation

Zamrazilová, Eva - In: Politická ekonomie 1999 (1999) 3

This article goes through the history of the external imbalance in the Czech Republic. The first signs of imbalance appeared in 1994, negative tendencies, however, culminating at the end of 1996 and the beginning of 1997. The current account deficit has been decreasing since the third quarter of...

Persistent link: https://www.econbiz.de/10005258036

Central bank as lender of last resort in the light of the problems of the czech economy

Revenda, Zbyněk - In: Politická ekonomie 2000 (2000) 3

One of the main goals of the banking regulation and supervision is the promotion of the integrity, stability and health of the banking system as a whole. This also requires the mechanism, which would help some problem banks to gain lacking funds to meet the liquidity needs. Lender of last...

Persistent link: https://www.econbiz.de/10005258061

The czech economy and the euro

Dědek, Oldřich - In: Politická ekonomie 2002 (2002) 3

The article discusses issues concerning the prospects for euro adoption in the Czech economy. Once the Czech Republic … currency for the Czech economy. Also the historical comparison with several EU countries in situation before joining the EMU …

Persistent link: https://www.econbiz.de/10005258066

Inflation targeting: theory and practice

Kvasnička, Michal - In: Politická ekonomie 2000 (2000) 5

The paper describes inflation targeting, and tries to emphasize a difference between the theory and the practice. The strategy is highly demanding of information, and thus hard to implement reasonably in practice. Flexible inflation targeting doesn't fix inflation expectations. Its global...

Persistent link: https://www.econbiz.de/10005258088