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money but it is the organising feature of modern economies, giving rise to both episodes of stability and crises. In … constructing this argument I consider both orthodox and heterodox points of view. We analyse equilibrium models of money, and find … that while money can exist in sequence economies with frictions, models of this type give no justification for its creation …
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prices are tending upwards, purchasing power of money decrease, generating disproportion in the state economic. The analysis …A high inflation rate is the main obstacle prohibiting euro lead into the state, that‘s why the inflation theme is the … urgent one. We analyzed the inflation not only from the economic perspective, but from the legal side too. The changes of …
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This thesis explores whether scanner data can be used to inform Consumer Price Index (CPI) construction, with particular reference to the issues of substitution bias and choice of aggregation dimensions. The potential costs and benefits of using scanner data are reviewed. Existing estimates of...
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