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Inflation under the Influence of Deflation Pressures

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F16%3A50005054" target="_blank" >RIV/62690094:18450/16:50005054 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Inflation under the Influence of Deflation Pressures

  • Original language description

    This article provides a Czech and European overview of the inflation versus deflation debate which has captured the attention of the economics profession in the years following the US housing bubble. Euro area annual inflation was -0.2 % in February 2016, down from 0.3 % in January 2016. A year earlier, the rate was -0.3 %. Deflation can be, under certain conditions, for the real economy significantly greater threat than classic inflation as we know it. There is therefore not deflation as deflation. A mere drop in prices is not yet a problem. Problems occur in a situation where there is a decline in prices caused by a decrease in the volume of money in the economy, a credit contraction and similar phenomena. A similar situation is always connected with the economic recession and all negative phenomena that accompany it. The development of inflation in the Czech Republic and in the European Union will depend on the further economic development of important macroeconomic indicators (mainly GDP). The goal of this paper is evaluation of the current economic situation in the Czech Republic and in the EU with regard to the inflation.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2016

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Proceedings of The 27th International Business Information Management Association Conference

  • ISBN

    978-0-9860419-6-9

  • ISSN

  • e-ISSN

  • Number of pages

    5

  • Pages from-to

    3569-3573

  • Publisher name

    International Business Information Management Association (IBIMA)

  • Place of publication

    Miláno, Itálie

  • Event location

    Miláno, Itále

  • Event date

    May 4, 2016

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article

    000381172301180