Inflation under the Influence of Deflation Pressures
Identifikátory výsledku
Kód výsledku v IS VaVaI
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Výsledek na webu
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DOI - Digital Object Identifier
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Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Inflation under the Influence of Deflation Pressures
Popis výsledku v původním jazyce
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.
Název v anglickém jazyce
Inflation under the Influence of Deflation Pressures
Popis výsledku anglicky
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.
Klasifikace
Druh
D - Stať ve sborníku
CEP obor
AH - Ekonomie
OECD FORD obor
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Návaznosti výsledku
Projekt
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Návaznosti
S - Specificky vyzkum na vysokych skolach
Ostatní
Rok uplatnění
2016
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název statě ve sborníku
Proceedings of The 27th International Business Information Management Association Conference
ISBN
978-0-9860419-6-9
ISSN
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e-ISSN
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Počet stran výsledku
5
Strana od-do
3569-3573
Název nakladatele
International Business Information Management Association (IBIMA)
Místo vydání
Miláno, Itálie
Místo konání akce
Miláno, Itále
Datum konání akce
4. 5. 2016
Typ akce podle státní příslušnosti
WRD - Celosvětová akce
Kód UT WoS článku
000381172301180