Showing 1 - 9 of 9
consumption. Aggregate consumption plays an important role in macroeconomic fluctuations and in the transmission mechanism. Czech …/Permanent-Income Hypothesis, including a standard model of consumption and incorporating credit supply. We first concluded that credit conditions … have a significant impact on household consumption, and that consumption is acutely sensitive to disposable income. Our …
Persistent link: https://www.econbiz.de/10008549889
increase in household consumption. …
Persistent link: https://www.econbiz.de/10008549927
Persistent link: https://www.econbiz.de/10010375579
behaviour of market participants (FX dealers). Questionnaire surveys indicate that the interest rates play a ominant role in … state variable. It has improved the fit of Frankel's model. On the CZK/EUR market, questionnaire surveys indicated that …
Persistent link: https://www.econbiz.de/10005036477
Each year we are informed in the "World Competitiveness Yearbook" , which is published by the International Institute for Management Development in Lausanne, about the bad and/or deteriorating competitiveness of Centraleuropean transition countries, although their export performance, as well as...
Persistent link: https://www.econbiz.de/10005036381
underestimation is caused by underestimation of the final households consumption expenditures and of the gross fixed capital formation …
Persistent link: https://www.econbiz.de/10005036589
Persistent link: https://www.econbiz.de/10001464979
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
The paper analyses the intertemporal approach to the balance of payments which is based on the intertemporal approach 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...
Persistent link: https://www.econbiz.de/10005036654