In: Ekonomický časopis/Journal of Economics, vol. 52, no. 5
Martin Svitek
Detaily:
Rok, strany: 2004, 557 - 571
Kľúčové slová:
core inflation, supply inflation, cost inflation, the core of inflation, aggregate supply, supply shock, exchange rates, inflation targeting
O článku:
In present monetary policy practice the category of core inflation takes an important place. It adjusts the level of total price increase by specific factors that can be generally assigned to the aggregate supply. In order to provide principal framework the article deals with the issues of inflation caused by the aggregate supply and it includes graphic analysis oriented also to dynamic aspect. It shows that fighting supply inflation brings about further economic distortions and fluctuations. Then the paper moves to the causes of supply inflation and enumerates the adjustment factors. The central bank is fully responsible for the level of core inflation. As presented in the article even central banks which target total inflation (CPI) take into account relevant adjustment factors in their analyses and decisions.
Ako citovať:
ISO 690:
Svitek, M. 2004. Jadrová inflácia – teoretické východiská a význam pre menovopolitickú prax. In Ekonomický časopis/Journal of Economics, vol. 52, no.5, pp. 557-571. 0013-3035.
APA:
Svitek, M. (2004). Jadrová inflácia – teoretické východiská a význam pre menovopolitickú prax. Ekonomický časopis/Journal of Economics, 52(5), 557-571. 0013-3035.