IDEAS home Printed from https://ideas.repec.org/a/prg/jnlpep/v2000y2000i1id62.html
   My bibliography  Save this article

Disinflation, supply shocks and monetary policy

Author

Listed:
  • Vratislav Izák

Abstract

This paper reviews the main features of the Czech macroeconomic development in the last years with the accent on disinflation and real GDP. The adjustment path of the Czech economy is clear: The decrease in nominal GDP growth has caused a deceleration of inflation on the one side and a drop of growth rates of real GDP and later even a decline in the level of real GDP on the other side. Further the econometric investigation of relations between wages and labour productivity and net inflation, producer prices and gap has been made. As the main factors influencing the disinflation in the last quarters the index of raw materials and foodstuffs has been revealed. The analysis of the impact of real exchange rate on net exports concludes the paper.

Suggested Citation

  • Vratislav Izák, 2000. "Disinflation, supply shocks and monetary policy," Prague Economic Papers, Prague University of Economics and Business, vol. 2000(1).
  • Handle: RePEc:prg:jnlpep:v:2000:y:2000:i:1:id:62
    DOI: 10.18267/j.pep.62
    as

    Download full text from publisher

    File URL: http://pep.vse.cz/doi/10.18267/j.pep.62.html
    Download Restriction: free of charge

    File URL: https://libkey.io/10.18267/j.pep.62?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlpep:v:2000:y:2000:i:1:id:62. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.