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Wages and salaries represent the most important component of household disposable income. The aim of the article is to examine how the relationship between the shares of households' wages and final consumption expenditure in their gross disposable income has developed over the past 20 years. The...
Persistent link: https://www.econbiz.de/10015051628
The paper analyzes the evolution of the share of final consumption expenditure on aggregate GDP in thirty countries. From the economic point of view, the analysis of final consumption expenditure changes on GDP in connection with the changes in business cycle phases is ambiguous. The authors...
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Preface by President and Vice-President for Science and Research of University of Economics, Prague
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The estimates of economic development in the countries of the socialist block were carried out in the framework of the so-called Material Product System (MPS). At that time the product was perceived more narrowly than today´s gross domestic product (GDP). It included only the material goods and...
Persistent link: https://www.econbiz.de/10011195255
The paper describes the development of household consumption expenditures from a longer perspective. Currently, there are available data for more than forty years and it means that lots of information about changes in structure and main tendencies can be studied. Since the emphasis is put on the...
Persistent link: https://www.econbiz.de/10011228270
The article describes an implementation of national accounts into our statistic use. The goal of the text is to find out some features in short time series of GDP quarter indices. The firstly, attention is focus on a detection of an important time changes in time series. The next part analyses a...
Persistent link: https://www.econbiz.de/10005002735
The scope of this paper is to investigate the possibility of using probit analysis for the detection of change-points in economical development. The role of exogenous variables in this analysis is specified. The principal attribute of this contribution is the possibility of the prediction of...
Persistent link: https://www.econbiz.de/10005079076
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