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The Empirics of Deflation and Economic Growth
Ryska, Pavel ; Šíma, Josef (advisor) ; Salerno, Joseph (referee) ; Hülsmann, Jörg Guido (referee) ; White, William (referee)
Author: Pavel Ryska Doctoral thesis: The Empirics of Deflation and Economic Growth Abstract This doctoral thesis deals with the relationship between deflation and economic growth. Existing empirical research has focused on the simple link between price growth and GDP growth or introduced narrower price measures as control variables. The goal of the present work is to account for shifts in both demand and supply, so that the effect of price inflation on growth as such could be separated from effects of changes in certain elements of nominal demand and supply. The work takes two general approaches. First, I use a large macroeconomic panel data set of 20 countries over approximately 140 years to explore long-run and short-run effects of inflation on output growth, after controlling for money supply growth as a demand shifter and oil price growth as a proxy for shifts in supply. In doing so, I use a range of methods such as the vector error-correction model, autoregressive distributed lag model and the fixed effects panel model. Second, I propose a new approach that uses disaggregated sector data from national accounts on output, prices and other variables to explore the link between quantity produced and sector inflation rates. The advantage of the data set is that it is rich in modern-day observations of...
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Význam krize v Ukrajině z pohledu světové ekonomiky
Pastushuk, Olha ; Bolotov, Ilya (advisor) ; Čajka, Radek (referee)
The diploma thesis analyses the economy of Ukraine and its importance from the world economy perspective. The work strives to investigate what key economic areas of influence Ukraine has and how development of Ukraine can impact other countries. At the beginning, this thesis analysis the history of the Ukrainian economy, all its struggles and successes. Subsequently, this work defines why and how the current situation in Ukraine is important to the world. Mainly, relationship with the European Union is considered. The thesis is concluded with an overview of economic predictions and scenarios of future development announced by international organizations.
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Central bank monitoring - March 2013
Česká národní banka
Latest monetary policy developments at selected central banks and news. Spotlight: „Monetary policy in Japan“. Selected speech: „Guidance“ by Mark Carney (the Governor of the Bank of Canada, who will be replacing Mervyn King as head of the Bank of England).
Fulltext:  PDF; PDF
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Project Economic and Social History of World War
Mádlová, Vlasta
Paper treats of a project of the Carnegie endowment for international peace. The contents of the project was to be a publication of the extensive undertaking Economic and Social History of the World War. The intended collected work was to be devoted to economic and social influences of the Great War in sixteen European countries, incl. Czechoslovakia. The project began to be realized from 1920, and more than 200 researchers participated in it. From the Czechoslovak part only one volume, Alois Rašín, dealing with financial policy of Czechoslovakia, was issued.
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Angola and Mozambique - fast decolonization, raw materials curse and development assistance
Klingerová, Eliška ; Mládek, Josef (advisor) ; Doležalová, Antonie (referee)
The aim of my bachelor thesis is to determine what factors contributed to the relative decline of Angola and Mozambique after declaring independence in 1975. Both of these former Portuguese colonies came through revolutions and long civil wars. However, we consider each of them separately though they have much in common. In my work I deal i. a. with the hypothesis of the so-called curse of the raw materials in Angola which is a major exporter of oil and diamonds. My effort is to find out why the use of nature resources was and still is sub-optimal for the country development. The Marxist FRELIMO party has played a significant role in Mozambique as the recipient of abroad exported ideology. Therefore I attempt to clarify the impact of this ideology on domestic institutions and consequently on the economy. The IMF, the World Bank and other organizations are trying to reduce the impact of political parties through the development assistance. Therefore successes of the activities respectively their unintended consequences are mentioned in this work as well.
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Vývoj hospodářství v Československu v první polovině šedesátýc let a jeho příčiny
Šmejkalová, Veronika ; Ševčík, Miroslav (advisor) ; Váňa, Daniel (referee)
The first half of the sixties of the twntieth century implied a certain landmark in the Czechoslovak history when the dynamic economic development in the fifties was changed for the economic stagnation. The lowest annual increases of national product during the central planning in Czechoslovakia were created just in this period. The lowest growth of the national product was reached in 1963 when the national product decreased in absolute value of 2.1 % in comparable prices. This negative value was unusual even among other countries of the socialistic block. This diploma thesis deals with causes of this stagnation of the Czechoslovak economy in the first half of the sixties of the twentieth century. It consists of five chapters; each is devoted to a certain possible cause of this stagnation. The first chapter outlines the economic development of Czechoslovakia since the end of wordl-war II till the end of the fifties. The second chapter concerns with the structure of Czechoslovak economy and its reform by the end of the fifties. The fourth chapter is related to the development of external economic relations of Czechoslovakia reflecting the performance of foreign trade. The last chapter deals with the state of the Czechoslovak economy in the first half of the sixties.
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Economic contexts of the Prague Spring 1968 and Šik´s reform
Stránský, Jan ; Stellner, František (advisor) ; Váňa, Daniel (referee)
Tato práce se zabývá vývojem československého hospodářství v padesátých a šedesátých letech 20. století z pohledu jejich vlivu na reformní hnutí v šedesátých letech. Z tohoto důvodu zkoumá etapy centralizace a militarizace národního hospodářství, ani krátká období reforem a konsolidace. Ze současného pohledu jsou nejvýznamnější právě etapy reforem, které se snažily v rámci rigidní, Sovětským svazem ovlivněné, hospodářské politiky zmírnit hospodářské problémy vyvolané militarizací ekonomiky. Proto je nedílnou součástí této práce také shrnutí teoretických východisek Šikovy reformy, která byla z hlediska změny hospodářské politiky nejhlubší. Práce se snaží navzájem konfrontovat pohled Oty Šika, jako jednoho z autorů reformy, s názory historiků a ekonomů, snaží se také o zhodnocení některých jejích kroků.
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