The yearly inflation rate might not always be an appropriate measure of inflation, mainly due to the fact that it does not provide up-to-date information on the level of inflation. The harmonic analysis shows that the yearly inflation rate deforms and delays the information with respect to the...

In this paper we explore the relative importance of the outside temperature and sunshine duration for the explanation of variations of electricity consumption in Prague, Czech Republic. An assessment of relative importance is made on various time scales ranging from the shortest ones associated...

Monthly and yearly inflation rates can be understood as rates of dynamics of the basic inflation indicator i.e. the consumer price index. These indicators modify the original inflation information. It is important to analyze the difference of the consumer price index, monthly and yearly...

Weather conditions influence the health of humans. Changing weather patterns may also cause considerable increase or decrease in the number of deaths. In this paper, we use daily data for Prague, Czech Republic, and the maximum overlap discrete wavelet transform to explore the time scale...