Další formáty:
BibTeX
LaTeX
RIS
@article{4857, author = {Helísek, Mojmír and Mentlík, Roman}, article_location = {New York}, article_number = {1}, keywords = {Real convergence, price convergence, comparative price levels, actual and perceived inflation}, language = {eng}, issn = {2372-3955}, journal = {International Journal of Business and Management Study – IJBMS}, title = {Price Convergence to the Euro Area and Preparedness of the Czech Republic for the Adoption of the Euro}, volume = {2}, year = {2015} }
TY - JOUR ID - 4857 AU - Helísek, Mojmír - Mentlík, Roman PY - 2015 TI - Price Convergence to the Euro Area and Preparedness of the Czech Republic for the Adoption of the Euro JF - International Journal of Business and Management Study – IJBMS VL - 2 IS - 1 SP - 155-159 EP - 155-159 PB - IRED SN - 23723955 KW - Real convergence, price convergence, comparative price levels, actual and perceived inflation N2 - A monetary union accession is preconditioned by sufficient real convergence of an acceding country to existing member countries of such monetary union. By default, the price level convergence criterion is described as a deviation of an acceding country’s price level from the average price level of the euro area. The Czech price level is lower by 31.3% (2013). We believe this formulation of price convergence is not suitable. Weighted deviation of the Czech price level from the price levels of its main business partners is more cogent. According to the aforementioned new indicator, the Czech price level is only down by 24.5%. The paper also examines the correlation between the actual inflation and the perceived inflation in the euro area and in the Czech Republic, coming to a conclusion about expected significant increase in the perceived inflation after the euro introduction. ER -
HELÍSEK, Mojmír a Roman MENTLÍK. Price Convergence to the Euro Area and Preparedness of the Czech Republic for the Adoption of the Euro. \textit{International Journal of Business and Management Study – IJBMS}. New York: IRED, roč.~2, č.~1, s.~155-159. ISSN~2372-3955. 2015.
|