Inflačné cielenie a možnosti predikovania inflácie v podmienkach Slovenska

Year, pages: 2004, 658 - 668

In the economic theory several preconditions for successful inflation targeting have been identified. In the contribution we consider such as reasonably low inflation in comparison with other inflation targeting countries, public support for price stability, clearly defined objective of achieving price stability, sufficiently independent central bank, absence of fiscal dominance, development of financial markets, well-developed money market, and capacity of the central bank to model and forecast inflation. In the second part we try to identify main determinants, which influence the Slovak core inflation. Models included in contribution show that Slovak core inflation has a strong inert character and it is influenced mainly by development of the exchange rate.

Zimková, E., Úradníček, V. 2004. Inflačné cielenie a možnosti predikovania inflácie v podmienkach Slovenska. In Ekonomický časopis/Journal of Economics, vol. 52, no.6, pp. 658-668. 0013-3035.

Zimková, E., Úradníček, V. (2004). Inflačné cielenie a možnosti predikovania inflácie v podmienkach Slovenska. Ekonomický časopis/Journal of Economics, 52(6), 658-668. 0013-3035.