Narrow search
Showing 1 - 10 of 252
Cover Image
Contributions to Inflation and Deflation in Today?s Market Economy
Revenda, Zbynìk - In: Czech Journal of Economics and Finance (Finance a uver) 54 (2004) 7-8, pp. 335-354
There are three possible price movements in a market economy: stability, inflation, and deflation. Inflation and deflation are defined in this article as changes in the purchasing power of money caused by the money creation. Inflation and deflation have many asymmetric, and even some symmetric,...
Persistent link: https://www.econbiz.de/10008549675
Cover Image
Price Convergence toward the EU: A Few Open Issues
Èihák, Martin; Holub, Tomáš - In: Czech Journal of Economics and Finance (Finance a uver) 51 (2001) 6, pp. 349-362
theory? Third, what is the relationship between price levels and coefficient measuring differences in the structures of …
Persistent link: https://www.econbiz.de/10008549821
Cover Image
Monetary Policy during Very Low Inflation
Komárek, Luboš - In: Czech Journal of Economics and Finance (Finance a uver) 54 (2004) 1-2, pp. 64-67
The article summarizes the main points discussed at the seminar on Monetary Policy during Very Low Inflation, held by the Czech Economic Association in June 2003. There were two main speakers at the seminar. The first was Jan Frait (Czech National Bank), who summarized the main ideas of...
Persistent link: https://www.econbiz.de/10008495641
Cover Image
Theory of money of Josef Macek and his monetary policy view
Sojka, Milan - In: Politická ekonomie 2006 (2006) 3
During 1930s and 1940s Josef Macek developed monetary theory leading to monetary policy recommendations which are … deeply influenced by macroeconomic theory of John Maynard Keynes. Macek became leading Czech left-wing keynesian. His theory … critisized and disapproved the quantity theory of money. In his monetary theory and his monetary policy conclusions he was a …
Persistent link: https://www.econbiz.de/10005036614
Cover Image
European monetary union and risks for real convergence
Janáček, Kamil; Janáčková, Stanislava - In: Politická ekonomie 2004 (2004) 4, pp. 435-450
New members of the EU will not form an optimum currency area with the present eurozone member states. The article discusses some costs and benefits of an early EMU entry for the Czech Republic (and other Central-European economies). The authors concentrate on the consequences of loss of...
Persistent link: https://www.econbiz.de/10005036622
Cover Image
A Comparison of New Consensus as a Theoretical Framework of Inflation Targeting with Post-Keynesian Economics
Korda, Jan - In: Politická ekonomie 2010 (2010) 1, pp. 92-104
The article deals with the relationship of post-Keynesian economics to new consensus as a theoretical framework of inflation targeting. First, new consensus with its roots in Wicksell´s approach is briefly introduced. In the next parts differences and meeting-points of new consensus and...
Persistent link: https://www.econbiz.de/10008602649
Cover Image
Monetaristický pohled na vývoj České ekonomiky
Kubíček, Jan - In: Politická ekonomie : teorie, modelování, aplikace 49 (2001) 3, pp. 353-369
Persistent link: https://www.econbiz.de/10001604817
Cover Image
Peníze a hospodářský r°ust v České republice - je mezi nimi vztah?
Tomšík, Vladimír; Viktorová, Dana - In: Statistika : statistics and economy journal 42 (2005) 4, pp. 311-325
Persistent link: https://www.econbiz.de/10003277019
Cover Image
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 … considered alongside empirical studies regarding OCA theory applied to the EMU and the Czech Republic, and a socalled OCA …-index is calculated. The authors conclude that OCA theory is a longterm theory and that it does not possess sufficient …
Persistent link: https://www.econbiz.de/10008495720
Cover Image
Independence versus accountability of the European central bank - is there any solution?
Kvizda, Martin - In: Politická ekonomie 2005 (2005) 5, pp. 617-633
The article is concerned with analysis of independence of central banks of the EU Member States within the framework of the ESCB, as well as independence and responsibility of the ECB, and suggests an alternative institutional embodiment of its position, reflecting the specific framework of the...
Persistent link: https://www.econbiz.de/10005036607