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Udržitelnost vývoje cen bytu° v České Republice

Lux, Martin; Sunega, Petr - In: Politická ekonomie : teorie, modelování, aplikace 58 (2010) 2, pp. 225-252

Persistent link: https://www.econbiz.de/10003987188

The Sustainability of House Price Trends in the Czech Republic

Lux, Martin; Sunega, Petr - In: Politická ekonomie 2010 (2010) 2, pp. 225-252

On the background of current global mortgage crisis the article discusses the housing market theory and particularly …

Persistent link: https://www.econbiz.de/10008577446

Monetární ekonomie v období konvergence a krize

Mandel, Martin; Tomšík, Vladimír - 2018 - V nakladatelství Management Press vydání 1

Persistent link: https://www.econbiz.de/10011901982

Equilibrium Development of Housing Prices in the Czech Republic

Hlaváček, Michal; Komárek, Luboš - In: Politická ekonomie 2010 (2010) 3, pp. 326-342

This article, based on an empirical analysis, discusses factors affecting property prices and tries to identify periods of property price overvaluation in the Czech Republic. To achieve this, the article uses both relatively simple approach using ratios related to the house prices (e.g....

Persistent link: https://www.econbiz.de/10008553108

Equilibrium Rent and Housing Policy Implications

Lux, Martin; Sunega, Petr - In: Czech Journal of Economics and Finance (Finance a uver) 53 (2003) 1-2, pp. 31-59

Housing-policy research in European Union countries distinguishes between two kinds of rent control: non …-targeted ""first-generation"" rent control and targeted ""second-generation"" rent control, the later which better reflects housing … model on the determination of equilibrium market rents after rent deregulation. Due to a sharp decrease in housing …

Persistent link: https://www.econbiz.de/10008495754

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

Comparison of Selected Simple Models of Inflation in the Czech Economy

Melecký, Martin - In: Czech Journal of Economics and Finance (Finance a uver) 51 (2001) 5, pp. 279-297

This paper begins with a description of simple select models of inflation and their ability to fit the data. The paper in turn measures the stability of particular parsimonious models. One-step forecast tests are applied, which establish the instability of the money demand model compared with...

Persistent link: https://www.econbiz.de/10008540713

Definition and Evaluation of the Central Bank agresivity

Komárek, Luboš; Rozsypal, Filip - In: Politická ekonomie 2009 (2009) 3, pp. 383-404

This paper examines definitions and assessments of central bank aggressiveness. It shows theoretical reasons why there is certain minimal threshold value if CB wants to stabilize price level and on the other hand, why excessive reactions are suboptimal. The empirical part suggests that...

Persistent link: https://www.econbiz.de/10005103173

Central Bank Monopolies and Money Issuance

Revenda, Zbyněk - In: Politická ekonomie 2009 (2009) 5, pp. 579-600

The article deals with the role of the central banks in advanced market economies and the theoretical possibility of abolishing these institutions. Central banks have monopolies in some areas, especially regarding monetary policy. In many countries, central banks also have monopolies in other...

Persistent link: https://www.econbiz.de/10008545886

Deflation: An Underlying Feature of a Healthy Economy

Šíma, Josef - In: Czech Journal of Economics and Finance (Finance a uver) 51 (2001) 10, pp. 539-549

The author reverts the current mainstream discussion of deflation hampering economic growth. The author first revises the definition inflation that is often misinterpreted. He shows that deflation is a natural phenomenon that often follows periods of unsustainable asset-price bubbles. He also...

Persistent link: https://www.econbiz.de/10008549712