National Repository of Grey Literature 3 records found  Search took 0.00 seconds. 
PPI and CPI: What is the relationship?
Červený, David ; Polák, Petr (advisor) ; Havránek, Tomáš (referee)
This bachelor thesis examines the relationship between the PPI and the CPI in the Czech Republic and the euro area. The primary method used in this thesis is the Granger causality test. Granger causality between the price indices is tested for in a bivariate model and also conditional on other variables describing the development of real GDP, a given monetary aggregate and wages. The most apparent conclusion that can be drawn from the empirical results indicates that the PPI Granger-causes the CPI in the Czech Republic and that there is no Granger causality going from the CPI to the PPI in the euro area. These results are consistent with conventional economic theory, which suggests a pass-through effect in the production chain going from producer prices to consumer prices.
Comparison of consumer price indices in the Czech Republic and the EU
Hanzal, Vít ; Fischer, Jakub (advisor) ; Trexler, Jiří (referee)
The aim of the bachelor thesis is to theoretically explain the concept of price statistic and his subcategories such as national (CPI) and Harmonised (HICP) Index of Consumer Prices with help from Czech statistical office and suitable literature. During the explanation of the concept of CPI is also enlightened classification of COICOP and meaning of the weight system. The prediction of the progress of weights of categories COICOP_1 and COICOP_4, is created in practical part. Moreover the hypothesis was created whether the weights of categories COICOP_1 and COICOP_4 are closing to average values of the EU. This prediction is achieved by statistical methods such as trend functions and exponencional smoothing. Slight increase of values is predicted for the weights of category COICOP_1, instead of category COICOP_4, where was predicted constant progress of the weights. In last chapter we set up a hypothesis, whether the progress of values HICP is closing to the values of EU. Also it was necessary to prove seasonality and then subsequently create a prediction of value progress, which was acomplished by exponential smoothing. The results verified the hypothesis, that the progress of HICP in CR gradually descents and that it closes to the values HICP of the EU.

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