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Dynamic model of inflation stability based on quantity theory of money

Husár, Jaroslav; Szomolányi, Karol - In: Politická ekonomie 2009 (2009) 1, pp. 48-57

In this paper the stability of an inflationary process is examined. A dynamic model of the inflation has been developed … based on the quantity theory of money. Some theorists say that any rate of inflation other than zero is inherently instable …. They say that as people become aware of the fact of continues inflation, however slow, they will anticipate inflation and …

Persistent link: https://www.econbiz.de/10008754967

Effect of Monetary Intervention in the Frame of IS-LM Model with Dynamic Price Adjustment and Adaptive Expectations

Karol, Szomolányi; Martin, Lukáčik; Adriana, … - In: Politická ekonomie 2011 (2011) 1, pp. 47-57

price-adjusting after monetary intervention and inflation expectations. A monetary policy rule is derived from the model …

Persistent link: https://www.econbiz.de/10008876467

Expanzia tezaurácie zlata ako dôsledok straty dôvery vo svetové meny

Pavelka, L'uboš; Turan, Alexander - In: Ekonomický časopis : časopis pre ekonomickú … 62 (2014) 2, pp. 199-218

Persistent link: https://www.econbiz.de/10010371849

European monetary union, optimum currency area and possible effects of slovakia's joining the euro area

Iša, Jan; Okáli, Ivan - In: Politická ekonomie 2008 (2008) 3, pp. 318-344

Slovak Republic entered the ERM II in the end of 2005 whereby it came nearer to its strategic objective - joining the euro area. In this paper we try to answer two questions. Section 1 examines the features and risks of the EMU. Is EMU an optimum currency area and what is the OCA scorecard of...

Persistent link: https://www.econbiz.de/10008754964

Some Aspects of the Transformation of the World Economy and the Risks To Its Future Dynamics

Tiruneh, Menbere Workie - In: Acta Oeconomica Pragensia 2009 (2009) 6, pp. 3-26

The transformation of the world economy over the past two decades has been manifesting itself in various forms. On the one hand, there is an increasing interdependence of the world economy, which is a manifestation of the depth of the globalization process, mainly thanks to the expansion of...

Persistent link: https://www.econbiz.de/10008500692