Paper inquires into historical development of key theoretical concepts related to purchasing power parity in 20th century. It presents theories which explain relation between price level, labor productivity and exchange rate. These theories explain the process of how the long-run equilibrium...

Czech Abstract: Tato studie se zabývá teoretickými a praktickými aspekty mobility jako služby (MaaS) v oblasti komunitního transportu. Využívá konceptu smart dopravy a zaměřuje se na oblasti kolem metropolí, které díky tzv. procesu dezurbanizace mají čím dál tím více...

New approaches are being searched for to assess regional policy in connection with the specification of a new paradigm of regional development. The article pays attention to the assurance of a sustainable growth rate of economies in Czech regions. The methodological base of the solution is a...

In the area of agricultural policy and the balanced growth of the countryside, the European Union promotes technological development and creation of jobs in ways that fulfil the criteria of ecological sustainability. The latest reforms to the Common Agricultural Policy are focused on the...

Predkladaný príspevok stručne popisuje zo strednodobého hľadiska vývoj jednotlivých kľúčových oblastí ekonomiky a zároveň poskytuje širší a komplexnejší pohľad na ekonomickú pozíciu Slovenska ako členskej krajiny Európskej únie v rámci spoločného ekonomického...

More than 30% of the population lives in less favoured areas in the Czech Republic. These areas are characterized by a number of limitations such as shorter growing season, lower average annual temperature, the worse traffic conditions, higher environmental protection and others. Sustainable...

The paper provides an introduction to essays published in this volume, which focus on nominal and real convergence in transition countries. The paper is based on the idea that the process of convergence can, to a large extent, be viewed via developments in real exchange rates. Key issues...

This paper surveys recent literature on real business cycles in open economies. It focuses on the empirical regularities of international macroeconomic fluctuations and provides a short discussion of the differences between the stylized facts of business cycles in advanced and in developing...

The exchange rate cannot significantly diverge from a (real) long-term equilibrium level consistent with the macroeconomic picture of an economy for a long period of time; otherwise, the economy suffers from macroeconomic imbalances such as below-potential growth and below natural employment, or...

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...