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Intertemporal approach to the balance of payments: relationship between savings and investments in the rich, poor and transition countries

Brada, Josef C.; Mandel, Martin; Tomšík, Vladimír - In: Politická ekonomie 2008 (2008) 2, pp. 147-161

to the relation between domestic saving and investment. A key element of the presented analysis is whether world capital … mobility is high enough to hold a condition that the relation between the domestic saving and investment in a country could … as well as by the analysis of saving and investment distinguishing the set of developed, poor, and transition countries …

Persistent link: https://www.econbiz.de/10005036654

Credit and Household Consumption

Pašalièová, Renata; Stiller, Vladimír - In: Czech Journal of Economics and Finance (Finance a uver) 54 (2004) 11-12, pp. 520-540

The paper emphasizes how changes in credit conditions in the Czech Republic are likely to influence aggregate consumption. Aggregate consumption plays an important role in macroeconomic fluctuations and in the transmission mechanism. Czech household debt has increased in the past five years. The...

Persistent link: https://www.econbiz.de/10008549889

Hypotéza permanentního dùchodu a kupónová privatizace v ÈR

Hanousek, Jan; Tùma, Zdenìk - In: Czech Journal of Economics and Finance (Finance a uver) 52 (2002) 7-8, pp. 408-427

This paper uses a specific experiment — „voucher privatization“ in the former Czechoslovakia — to test the permanent income hypothesis of consumer behavior. Voucher privatization (the mass privatization of state-owned assets through publicly offered vouchers) led to an unexpected...

Persistent link: https://www.econbiz.de/10008549927

Macroeconomic balance of the czech economy in the years 1995-2005

Spěváček, Vojtěch - In: Politická ekonomie 2006 (2006) 6, pp. 742-761

The study is focused on macroeconomic stability of the Czech economy. The first part (methodological) stems from the system of national accounting which offers two approaches: from the point of view of relationship between domestic supply and demand and between savings and investments....

Persistent link: https://www.econbiz.de/10005036641

Analysis of the Indicator NAIRU on the Sector Level

Kadeřábková, Božena; Jašová, Emilie - In: Politická ekonomie 2011 (2011) 4, pp. 508-525

The economic development points out the importance of the development study of sectors and branches of economics, because they can deepen or moderate volatility of the economic cycle. The article aims at mapping the rate of unemployment in the primary, secondary and tertiary sector in the Czech...

Persistent link: https://www.econbiz.de/10009293717

Real Business Cycles in Open Economies

Macháèek, Martin - In: Czech Journal of Economics and Finance (Finance a uver) 51 (2001) 2, pp. 81-98

This paper surveys recent literature on real business cycles in open economies. It focuses on the empirical … facts of business cycles in advanced and in developing countries. The paper reviews various real-business-cycle models …

Persistent link: https://www.econbiz.de/10008549877

Teorie optimálních mìnových zón: rámec k diskuzím o monetární integraci

Horváth, Roman; Komárek, Luboš - In: Czech Journal of Economics and Finance (Finance a uver) 52 (2002) 7-8, pp. 386-407

The authors contend that the theory of optimum currency areas (OCA) provides a useful framework for discussions of monetary integration. The authors summarize the historical development of monetary integration and discuss possible future development. Theoretical issues, such as those raised in...

Persistent link: https://www.econbiz.de/10008495720

A Simple Model of Interaction Between CPI and PPI: Application to Monthly Data of EU Countries

Kadeřábek, Petr - In: Politická ekonomie 2007 (2007) 2, pp. 226-244

We consider two markets in our model: wholesale, where producers' supply interacts with distributors' demand, and retail with distributors' supply and consumers' demand. The wholesale market determines the producer price index (PPI), production and indirectly also employment. In the retail...

Persistent link: https://www.econbiz.de/10005036648

The influence of common currency on economic cycles of individual parts of currency union

Kaňková, Eva - In: Politická ekonomie 2008 (2008) 3, pp. 345-361

problem. Further we try finding out if after introducing single currency, economic cycles became synchronized in the eurozone …. For the determination of the harmony between economic cycles use is made of the real GDP in the individual countries of …

Persistent link: https://www.econbiz.de/10008754972

Models of Political Cycles: The Czech Experience / Modely politického cyklu a jejich testování na podmínkách ČR [available in Czech only]

Štiková, Radka - Institut ekonomických studií, Univerzita Karlova v Praze - 2007

the timing of elections and by changes of governments in the Czech Republic. Two basic models of political cycles are …

Persistent link: https://www.econbiz.de/10005673607