National Repository of Grey Literature 3 records found  Search took 0.01 seconds. 
Estimating implicit inflation target of the ECB
Melioris, Libor ; Horváth, Roman (advisor) ; Geršl, Adam (referee)
Existing estimations of implicit inflation target are primarily based on the assumption of parameter stability over time horizon. This work relaxes this assumption and proposes alternative framework based on time-varying parameter model. We aim on behaviour of European Central Bank in order to compare its official proclamations of price stability levels with our implicit estimations. We will also examine how two pillar strategy of European Central Bank is practically used.
Estimating implicit inflation target of the ECB
Melioris, Libor ; Horváth, Roman (advisor) ; Geršl, Adam (referee)
Existing estimations of implicit inflation target are primarily based on the assumption of parameter stability over time horizon. This work relaxes this assumption and proposes alternative framework based on time-varying parameter model. We aim on behaviour of European Central Bank in order to compare its official proclamations of price stability levels with our implicit estimations. We will also examine how two pillar strategy of European Central Bank is practically used.
Adam Smith in the works of Czech economists
Melioris, Libor ; Čech, Jan (referee) ; Půlpán, Karel (advisor)
The Scottish Adam Smith is certainly a historical figure who fascinates and inspires the generations of economists. This bachelor thesis aims to trace the impact of his philosophy to the Czech economists both - in their theoretical writings and also in contemporary economic textbooks. Special attention is devoted to the Czech translations of Smith's works as well as the introduction of the new concepts of terminology associated with the works of A. Smith.

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