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Application of Phillips curves in the years 2011 - 2013 for selected countries of the European Union and the comparison with the Czech Republic
Šefara, Ivan ; Adámek, Petr (advisor) ; Sirůček, Pavel (referee)
The foundation for my senior thesis is based on the theoretical model of Phillips curve and its analysis which is aimed at defining the relationship between inflation and unemployment rates. The curve was constructed in order to determine the short- and long-term transformation periods in various economies. The Philips curve was modeled using linear regression and the interrelationship between previously mentioned inflation and unemployment rates is evaluated via correlation analysis. For this research, it was essential to gather and organize empirical and statistical data of Czech Republic and other chosen countries of the European Union. Further, I will examine the compiled statistical data for the Philips curve model and try to confirm the validity of the data.

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