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Similarities and Differences in Development of Non-Accelerating Inflation Rate of Unemployment and Economic Cycle in Selected Countries in Central Europe by 2008
[Podobnosti a rozdíly ve vývoji míry nezaměstnanosti neakcelerující inflaci a hospodářského cyklu ve vybraných středoevropských zemích do roku 2008]

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  • Emilie Jašová

Abstract

For the estimation of the NAIRU's development, the slope and the shift of the Phillips curve was applied the system of the methods which are commonly used at the international level. Main contribution of this study is to summarize methods and to compare results for selected countries in the centre of the Europe. The figure of NAIRU can be investigated as a dependent variable during the research time period. Main factors causing the greatest changes of NAIRU or its fluctuations are apart from the inflation expectations themselves also: import prices, exchange rate, prices of oil and indirect taxes.

Suggested Citation

  • Emilie Jašová, 2009. "Similarities and Differences in Development of Non-Accelerating Inflation Rate of Unemployment and Economic Cycle in Selected Countries in Central Europe by 2008 [Podobnosti a rozdíly ve vývoji mír," Současná Evropa, Prague University of Economics and Business, vol. 2009(1), pages 35-51.
    • Handle: RePEc:prg:jnlsev:v:2009:y:2009:i:1:id:61:p:35-51
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    References listed on IDEAS

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