Showing 1 - 8 of 8
The paper presents both theoretical and an empirical analysis of factors influencing the prices of non-tradable goods and services in the Czech economy. The analysis discusses the development of the real exchange rate of the Czech koruna and quantifies the size of the real exchange rate...
Persistent link: https://www.econbiz.de/10005036411
Modifying IS-MP-IA model by using EU economic characteristics allows for better interpretation of the results. Specifically, from the point of view of the IS and MP curves we obtain useful information about the influence of EU economy on the Czech economy (i.e. on its GDP). We may conclude that...
Persistent link: https://www.econbiz.de/10005036446
The article deals with the aspiration of the Chinese currency to become the world currency status. The world currency must perform as a store of value, means of exchange, and an accounting unit internationally for governments as well as the private sector. The important conditions of this...
Persistent link: https://www.econbiz.de/10010934887
In this paper we bring the survey of the contemporaneous research on the behaviour of exchange rate and so called exchange rate disconnect puzzle. We have introduced several directions in which research on this object could be developed. They are basically concerned with the monopolistically...
Persistent link: https://www.econbiz.de/10005036449
In this essay I've demonstrated that there is evidence of unstable and non-linear relationship between fundamental variables and exchange rates. I have tried to "tune" Frankel's (1979) real interest differential model of exchange rate fluctuation. I have distinguished between Czech crown/Euro...
Persistent link: https://www.econbiz.de/10005036477
As regards the frequently mentioned risks connected with the EU entry, we feel that the analyzed macroeconomic data do not confi rm that these risks have materialized. The example of the Czech Republic, which joined the EU in 2004, conversely points to an improvement of most macroeconomic...
Persistent link: https://www.econbiz.de/10005036391
economic crisis in 2008-2009 (the biggest economic slump in Japan after World War II). Factors of this crisis were mostly …, the economic slump in Japan was fuelled by low domestic demand and investment as well. The aim of this study is to remind …
Persistent link: https://www.econbiz.de/10011195115
After a sharp contraction in the economic activity in 2008-2009 (the biggest economic slump in Japan after World War II …), the Japanese economy started to recover in 2010. The Great East Japan Earthquake and tsunami of March 2011 brought Japan …´s recovery to a halt. It ruined vast parts of Japan´s north-eastern coastal areas and damaged key infrastructure. It was one of …
Persistent link: https://www.econbiz.de/10011195181