New concepts have been presented in modelling of inflation dynamics recently, among others the New Keynesian Phillips … be considered as effective in conditions of the Czech Republic; this model does not describe the inflation process … sufficiently and it is not a suitable model for inflation prediction or for the choice of appropriate monetary (anti-inflation …

be verified always that exist equal evolution of their variables or for others words, always that inflation and … form and this just happen when inflation and unemployment rates growing for different directions (in the short-run) and … when inflation rate is growing and unemployment doesn't (in the long-run). …

effort to determine the time paths of income, actual and expected inflation towards their long – run equilibrium values … effects on the equilibrium values of real stock of money, real income and actual and expected inflation, which ensue from the …

not efficient. Inflation is detrimental to unemployment. …

New concepts have been presented in modelling of inflation dynamics recently, among others the new Keynesian Phillips … not describe the inflation process sufficiently and it is not a suitable model for inflation prediction or for the choice … of appropriate monetary (anti-inflation) policy. …

, respectively, inflation and the wage share implied by the wage and price dynamics of these models …

not efficient. Inflation is detrimental to unemployment. …

allows determining if inflation dynamics are likely explained by microeconomic foundations. Additionally, this approach … enables the analysis of price rigidities in the economy. The results suggest that: (1) unit labor costs explain inflation …

the reaction of post-Keynesian economists to examine alternatives to inflation-targeting monetary strategies and to Taylor …