Holinka, Tomáš - In: Czech Journal of Economics and Finance (Finance a uver) 55 (2005) 7-8, pp. 363-379
factors is determined by the Fisher equation, UIP, PPP, expectation hypothesis and neoclassical growth theory. The paper … falling inflation expectations and inflation premiums. The decrease of CZK/EUR long-term rate differentials from 4 % to 0 … % can approximately be explained by the one-third decrease of inflation expectations in the Czech Republic and by the 50 …
