Original title:
Purchasing Power Parity in Transition Economies
Translated title:
Purchasing Power Parity in Transition Economies
Authors:
Dúbravská, Pavla ; Taušer, Josef (advisor) ; Kambová, Anna (referee) Document type: Master’s theses
Year:
2007
Language:
eng Publisher:
Vysoká škola ekonomická v Praze Abstract:
The goal of this diploma thesis is to assess purchasing power parity (PPP) under the conditions of transition process. The thesis provides a survey of the purchasing power parity theory and concentrates on the relative version. It outlines main causes of possible deviations and modifications of the model. In the empirical part four transition economies are tested for the PPP theory: the Czech Republic, Hungary, Poland and Slovakia. The diploma thesis concludes with analysis of the role of the exchange rate under conditions of a small open economy. The overall analysis is implemented within the context of real and nominal convergence towards European Union and future accession to the European Monetary Union.
Keywords:
Balassa-Samuelson Effect; Convergence; Czech Republic; Exchange Rate; Purchasing Power Parity
Institution: University of Economics, Prague
(web)
Document availability information: Available in the digital repository of the University of Economics, Prague. Original record: http://www.vse.cz/vskp/eid/2106