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This paper studies whether the dynamic behavior of real GDP, unemployment and inflation is systematically affected by the timing of elections and by changes of governments in the Czech Republic. Two basic models of political cycles are tested – the political business cycle models and the...
Persistent link: https://www.econbiz.de/10005673607
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
The paper considers modern frameworks of public debt management from a credibility perspective. It focuses on the institutional and operational arrangements of effective debt management. In particular, the author seeks to shed light upon the contemporary problems of Czech debt manager compared...
Persistent link: https://www.econbiz.de/10008495823
crisis on the private sectors in different countries. Macroeconomic and microeconomic backgrounds of the crisis are discussed …
Persistent link: https://www.econbiz.de/10008500675
Persistent link: https://www.econbiz.de/10008688998
The Stability and Growth Pact has become a primary fiscal policy framework in all European countries since 1997 …
Persistent link: https://www.econbiz.de/10008509953
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Czech Abstract: Proč je teorie dobývání renty užitečnou teorií? V článku je argumentováno, že poslední kritika teorie dobývání renty není nová ani významná. Na základě vysvětleného základního konceptu teorie dobývání renty autor vysvětluje její kritiku, která...
Persistent link: https://www.econbiz.de/10013059923
government role is the background of sustainable economic growth in the terms of internal and external balance …
Persistent link: https://www.econbiz.de/10014138670
The paper works with assumptions, that the conclusions of mainstream approaches to the growth theory are problematical …; there are alternative social-economic approaches to the theory of economic growth that offer more plausible explanations of …-economic approaches to the growth theory are not systematized. Considering of these matters, the main aim of this paper is to propose …
Persistent link: https://www.econbiz.de/10008545881