Inflation in the czech republic in the mid-nineties (a comparison of alternative explanations)
AbstractThe aim of the present study is, firstly, to organize existing theoretical approaches to the explanation of inflation in the Czech Republic. Secondly to investigate to what extent the rate of inflation in the Czech Republic was determined by the growth of the money stock and to what extent by the development of wages and productivity of labor. Chapter 1 gives a general description of inflation in the Czech Republic. Chapter 2 offers a list of its existing theoretical explanations. Chapter 3 contains a brief summary of the previous empirical research. Chapters 4, 5 and 6 contain our empirical model, its interpretation, and recommendations for economic policy and for further research.
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Bibliographic InfoArticle provided by University of Economics, Prague in its journal Prague Economic Papers.
Volume (Year): 1996 (1996)
Issue (Month): 4 ()
Postal: Editorial office Prague Economic Papers, University of Economics, nám. W. Churchilla 4, 130 67 Praha 3, Czech Republic
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