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  • The article contains a model built according to thinking of Alois Rasin, the famous Czech economist and politician at the beginning of 20-th century. Author of this article used a selected parts of Rašín's textbook %22National economy%22 which treat of the international adjustment under paper (uncovered) money. Only a few pages of original Rašín's text deal with a lot of economics variables and their relations, often without detailed explanation. Author selected only 12 variables and their relations to construct a sufficiently simple model that transforms the Rašín's ideas to formal mathematical language. The model describes the behavior of domestic economy after the monetary expansion in relation to the rest of the world with stable currency. The model consist of one exogenous variable (money stock in domestic country), 11 endogenous variables (exchange rate, real export and import, domestic and foreign price level, domestic and foreign nominal wage rate, domestic and foreign flo
  • The article contains a model built according to thinking of Alois Rasin, the famous Czech economist and politician at the beginning of 20-th century. Author of this article used a selected parts of Rašín's textbook %22National economy%22 which treat of the international adjustment under paper (uncovered) money. Only a few pages of original Rašín's text deal with a lot of economics variables and their relations, often without detailed explanation. Author selected only 12 variables and their relations to construct a sufficiently simple model that transforms the Rašín's ideas to formal mathematical language. The model describes the behavior of domestic economy after the monetary expansion in relation to the rest of the world with stable currency. The model consist of one exogenous variable (money stock in domestic country), 11 endogenous variables (exchange rate, real export and import, domestic and foreign price level, domestic and foreign nominal wage rate, domestic and foreign flo (en)
Title
  • Disequilibrium open economy with paper money (a model according to A. Rašín)
  • Disequilibrium open economy with paper money (a model according to A. Rašín) (en)
skos:prefLabel
  • Disequilibrium open economy with paper money (a model according to A. Rašín)
  • Disequilibrium open economy with paper money (a model according to A. Rašín) (en)
skos:notation
  • RIV/49777513:23510/09:00501860!RIV10-MSM-23510___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • P(LC06075)
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
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http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
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  • 310729
http://linked.open...ai/riv/idVysledku
  • RIV/49777513:23510/09:00501860
http://linked.open...riv/jazykVysledku
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  • Rašín Alois; monetary expansion; disequilibrium open economy; continuous model (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [07996928C321]
http://linked.open...v/mistoKonaniAkce
  • Kostelec nad Černými Lesy
http://linked.open...i/riv/mistoVydani
  • Prague
http://linked.open...i/riv/nazevZdroje
  • Mathematical Methods in Economics 2009
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...vavai/riv/projekt
http://linked.open...UplatneniVysledku
http://linked.open...iv/tvurceVysledku
  • Martinčík, David
http://linked.open...vavai/riv/typAkce
http://linked.open...ain/vavai/riv/wos
  • 000275146900039
http://linked.open.../riv/zahajeniAkce
number of pages
http://purl.org/ne...btex#hasPublisher
  • Česká zemědělská univerzita v Praze
https://schema.org/isbn
  • 978-80-213-1963-9
http://localhost/t...ganizacniJednotka
  • 23510
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