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National Repository of Grey Literature

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Inflation - An Increase in the Supply of Money or Increase in the Price Level? An Impact of the Definiton on the Theory of Costs Pícha, Petr ; Loužek, Marek (advisor) ; Pikhart, Zdeněk (referee) This is paper is purely theoretical. It discusses misinterpretation of the term inflation in economic literature. It describes the transformation of the meaning of the term 'inflation' from increase in the money supply to an increase in the general price level based on academic discussion, it lists examples from economic literature where is the term inflation misused or vaguely described and describes the evolution of the theory of inflation -- the quantity theory of money -- throughout history for fitting in the context. In the last chapter, it demonstrates the correctness of its argument that inflation is indeed an increase in the general price level, based on the meaning of the theory of costs of inflation. Work also proposes, for a complete accuracy, using two different terms -- monetary inflation and price inflation. Detailed record

Evolution and analysis of inflation in Czech republic during years 1993 - 2006 Spálovský, Mojmír ; Burgerová, Jiřina (advisor) ; Nováček, Jan (referee) Práce se zabývá inflací v letech 1993-2006 v České Republice. Popisuje jednotlivé roky a zaměřuje se na kroky centrální banky. V teoretické části je popsána inflace, její vznik, faktory a měření. Dále jsou zde zmíněny režimy měnové politiky, jejich výhody a nevýhody a charakterizována výchozí situace na počátku devadesátých let v ČR. Cílem práce je popsat vývoj inflace ve zvoleném období a zhodnotit kroky České národní banky při provádění měnové politiky a jejich dopad na ekonomiku a subjekty na trhu. Detailed record

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