HELÍSEK, Mojmír and Roman MENTLÍK. Expected Inflationary Effects as a Barrier to the Euro Introduction in the Czech Republic. In 17th EBES Conference – Venice. Proceedings CD. Published by EBES. p. 1835-1852. 2015.
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Basic information
Original name Expected Inflationary Effects as a Barrier to the Euro Introduction in the Czech Republic
Name in Czech Očekávané inflační dopady jako bariéra zavedení eura v České republice
Authors HELÍSEK, Mojmír and Roman MENTLÍK.
Edition 17th EBES Conference – Venice. Proceedings CD, p. 1835-1852, 18 pp. 2015.
Publisher Published by EBES
Other information
Original language English
Type of outcome Proceedings paper
Field of Study 50200 5.2 Economics and Business
Country of publisher Italy
Confidentiality degree is not subject to a state or trade secret
Publication form storage medium (CD, DVD, flash disk)
Organization unit University of Finance and Administration
Keywords (in Czech) rozšíření eurozóny, nominální a reálná konvergence, skutečná a vnímaná inflace.
Keywords in English euro area enlargement, nominal and real convergence, actual and perceived inflation
Tags AR 2015-2016, Dx, RIV_ano, xD2
Tags International impact, Reviewed
Changed by Changed by: Ing. Dominika Moravcová, učo 21787. Changed: 24/2/2017 10:57.
Abstract
The Czech economy is ready to adopt the euro. The reasons for the postponement of the euro adoption process are merely political. People are skeptical when it comes to the euro (also in the light of the existing debt crisis in the euro area); consequently, political institutions do not promote the euro introduction. Concerns thus remain. We can expect analogical development in the Czech Republic as that of Slovakia or Slovenia, as these economies are similar. Actual inflation did not increase in either of the two countries; however, the perceived inflation was quite high. The perspective of the euro introduction depends on the ways and means of affecting the perception of inflation by people; this will also prevent concerns about inflation effects arising from the euro introduction.
Abstract (in Czech)
Česká ekonomika je připravena na přijetí eura. Oddálení zavedení eura je způsobeno politickými příčinami. Obyvatelstvo má nedůvěru k euru (specifickou roli hraje navíc dluhová krize v eurozóně), politické instituce proto zavedení eura nepodporují. Obavy proto přetrvávají. V České republice se dá očekávat analogický vývoj, jako na Slovensku nebo Slovinsku, a to z důvodu podobnosti těchto ekonomik. Ke zvýšení skutečné inflace zde nedošlo. Existovala však vysoká vnímaná inflace. Perspektiva zavedení eura závisí na možnostech ovlivnit vnímání inflace obyvatelstvem a tím i zamezit obavám z inflačních důsledků zavedení eura.
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