Price Rigidities and The Market Process
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F44555601%3A13510%2F15%3A43886633" target="_blank" >RIV/44555601:13510/15:43886633 - isvavai.cz</a>
Výsledek na webu
<a href="https://search.proquest.com/docview/1678729868/fulltext/7D83C1C8844F48CAPQ/1?accountid=16287" target="_blank" >https://search.proquest.com/docview/1678729868/fulltext/7D83C1C8844F48CAPQ/1?accountid=16287</a>
DOI - Digital Object Identifier
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Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Price Rigidities and The Market Process
Popis výsledku v původním jazyce
Insufficient price flexibility is considered to be an important reason for conducting monetary policy. The adjustment of the money supply can supposedly eliminate the negative effect of a nominal demand collapse or of a rise in money demand, and restore equilibrium. Currently, one of the most important aims of research in this field is to find the so-called 'optimal rate of inflation', which is understood as the rate of inflation at which barriers to price changes (rigidities) are overcome with the low cost of inflation (mainly in form of an impact on growth and unemployment); in other words, an optimal rate of inflation promotes the flexibility of the economic process, and has at the same time a beneficial effect on the allocation of scarce resources. In the following paragraphs, we add some important aspects to this interesting and important discussion focusing on the flexible money supply.
Název v anglickém jazyce
Price Rigidities and The Market Process
Popis výsledku anglicky
Insufficient price flexibility is considered to be an important reason for conducting monetary policy. The adjustment of the money supply can supposedly eliminate the negative effect of a nominal demand collapse or of a rise in money demand, and restore equilibrium. Currently, one of the most important aims of research in this field is to find the so-called 'optimal rate of inflation', which is understood as the rate of inflation at which barriers to price changes (rigidities) are overcome with the low cost of inflation (mainly in form of an impact on growth and unemployment); in other words, an optimal rate of inflation promotes the flexibility of the economic process, and has at the same time a beneficial effect on the allocation of scarce resources. In the following paragraphs, we add some important aspects to this interesting and important discussion focusing on the flexible money supply.
Klasifikace
Druh
J<sub>ost</sub> - Ostatní články v recenzovaných periodicích
CEP obor
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OECD FORD obor
50201 - Economic Theory
Návaznosti výsledku
Projekt
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Návaznosti
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Ostatní
Rok uplatnění
2015
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
The Review of Social and Economic Issues
ISSN
2360-378X
e-ISSN
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Svazek periodika
1
Číslo periodika v rámci svazku
2
Stát vydavatele periodika
RO - Rumunsko
Počet stran výsledku
10
Strana od-do
74-83
Kód UT WoS článku
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EID výsledku v databázi Scopus
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