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There are three possible price movements in a market economy: stability, inflation, and deflation. Inflation and …
Persistent link: https://www.econbiz.de/10008549675
The paper analyses a relationship between monetary aggregate M2 and inflation in a small open economy. The relationship … between monetary expansion and inflation as well as a dynamic of income velocity of money framework in a small open economy … money and tradables inflation in the case of the Czech small open economy is not found. The conclusions presented in the …
Persistent link: https://www.econbiz.de/10005036707
Persistent link: https://www.econbiz.de/10010414744
. Macroeconomic stability of the Czech economy improved substantially in the field of foreign trade. The trade balance becomes …
Persistent link: https://www.econbiz.de/10008754966
Economic growth of the Czech Republic strongly accelerated in the years 2005-2007. Substantial decline of economic activity took place at the end of 2008 and in the year 2009. On the supply side the main contributing factors were labour and total factor productivity. On the demand side the...
Persistent link: https://www.econbiz.de/10008509955
period the economy was hit by the recession and the average annual rate of growth of GDP reached only 0,9 %, in the second …. Macroeconomic stability of the Czech economy improved substantially in the fields of inflation, monetary development and foreign …
Persistent link: https://www.econbiz.de/10005036696
In this paper we discuss the issue of the choice of exchange rate regimes in transitive economies and the effect of exchange rate policy on the development of macroeconomic indicators (e. g. the average growth rate of real GDP in domestic currency and the development of domestic inflation). It...
Persistent link: https://www.econbiz.de/10005103170