03506ntm a22005417a 4500 000253108 CZ-PrVSE 20140214212600.0 m d cr n|||||||||| 140214s2013 xr fsbm 000 0 eng d NEZPRACOVANÝ IMPORT ABA006 cze ABA006 ABA006 Milučká, Daniela ISIS:73771 dis Dynamika inflace v Česká republice : Odkad novokeynesiánské Phillipsove křivky eng INFLATION DYNAMICS IN THE CZECH REPUBLIC [elektronický zdroj] : ESTIMATING THE NEW KEYNESIAN PHILLIPS CURVE / Daniela Milučká 2013 ?? s. : digital, PDF soubor Vedoucí práce: Jaromír Hurník Diplomová práce (Ing.)—Vysoká škola ekonomická v Praze. Národohospodářská fakulta, 2014 Obsahuje bibliografii Textový (vysokoškolská kvalifikační práce) Rok obhajoby 2014 Recent breakthrough studies by Gali and Gertler (1999), Sbordone (2002) and Roberts (2001) argue that the New Keynesian Phillips curve (based on Calvo pricing model) is empirically valid concept and they conclude that the real marginal costs are preferred driving force to output gap in inflation dynamics for open economies. Neiss and Nelson (2002) and Gali, Gertler and Salido (2001), in turn, contradict that to date, there has been only little empirical evidence to support this statement. Neiss and Nelson (2002) add that "once output gap is defined consistently with economic theory, the gap-based New Keynesian Phillips curve has a fit with data which is at least as good as the real marginal costs-based one". For this purpose, my study investigates relationship between output gap and inflation described in the hybrid New Keynesian Phillips curve. Study estimates key coefficients of the hybrid gap-based New Keynesian Phillips curve, with both forward- and backward-looking inflation components, in the Czech Republic for periods 2000Q1 - 2012Q4 using Kalman filtration. My findings suggest that (i) output gap has a significant impact on Czech inflation dynamics (ii) share of forward-looking agents predominates to backward-looking agents in the Czech Republic and (iii) Czech inflation seems to be significantly driven by change in import prices. Způsob přístupu: Internet ekonomická analýza [obor dipl. práce] diplomové práce fd132022 czenas master's theses eczenas state-space model monetary policy Kalman filtration the New Keynesian Phillips curve output-inflation tradeoff inflation expectations inflation Hurník, Jaromír, 1975- mzk2006322851 ths Potužák, Pavel vse20231203939 opn Vysoká škola ekonomická v Praze. Národohospodářská fakulta kn20010709401 https://isis.vse.cz/zp/42126/podrobnosti VŠKP v InSIS https://isis.vse.cz/zp/42126 Hlavní práce https://isis.vse.cz/zp/42126/posudek/vedouci Hodnocení vedoucího https://isis.vse.cz/zp/42126/posudek/oponent/34971 Oponentura http://isis.vse.cz/zp/125175/podrobnosti dc:identifier NEPOSILAT VSKP 125175 vse42126 140214