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Contributions to Inflation and Deflation in Today?s Market Economy

Revenda, Zbynìk - In: Czech Journal of Economics and Finance (Finance a uver) 54 (2004) 7-8, pp. 335-354

There are three possible price movements in a market economy: stability, inflation, and deflation. Inflation and deflation are defined in this article as changes in the purchasing power of money caused by the money creation. Inflation and deflation have many asymmetric, and even some symmetric,...

Persistent link: https://www.econbiz.de/10008549675

Refiniring industry in the Czech Republic and energy securitiy in oil supply area

Nowak, Ondřej; Hnilica, Jiří - In: Ekonomika a managment 2010 (2010) 3

tariffs charged by national transport company MERO and compare them with tariffs charged by other East European transit …

Persistent link: https://www.econbiz.de/10009398906

A Simple Model of Interaction Between CPI and PPI: Application to Monthly Data of EU Countries

Kadeřábek, Petr - In: Politická ekonomie 2007 (2007) 2, pp. 226-244

), production and indirectly also employment. In the retail market the consumer price index (CPI) is formed. We specify a simple … dynamic model with two state variables: CPI and PPI. Real variables - production and employment - are fully determined by CPI … shocks to the PPI inflation, production and employment equations. In the second part we implement the model on monthly data …

Persistent link: https://www.econbiz.de/10005036648