Original title:
Economic research bulletin (2003, No.1)
Authors:
Česká národní banka Document type: Trade print ISSN: 1803-7089
Year:
2003
Language:
eng Abstract:
First, Aleš Bulíř looks into the scope of nominal exchange rate fluctuations in Central European countries to establish the causes of those fluctuations. Next, Tomáš Holub investigates the factors of equilibrium real exchange rate appreciation in the Czech Republic, again from an international perspective. In this context, the effects of price convergence to the level of EU countries are analysed in more detail. Finally, Vladislav Flek discusses the impact of real catching-up with EU productivity levels, within the framework of the Balassa-Samuelson Effect.
Keywords:
Czech national bank; economic; economic research; European union; European Union; exchange rate; monetary policy; ekonomický výzkum; Evropská unie; monetární politika; měnový kurz
Rights: This work is protected under the Copyright Act No. 121/2000 Coll.