"Neuveden" . . "Inflace a P-Star model v \u010Cesk\u00E9 republice." . "RIV/47813059:19520/04:00000016" . "The successful implementation of monetary policy measures under the inflation-targeting regime requires the central bank's possession of effective tools for predictions of inflationary pressures. One of such tools, that has been of great promise since 1990s, is relatively simple model of inflationary dynamics, which is called P-Star model of inflation. The P-Star model is based on the reduced form of VECM (vector error-correction model) and assumes the inflation dynamics to be determined by the process, in which the actual price level follows its long-run level(s) that is predetermined in accordance with the quantity theory. An application of the modified P-Star model for a small open economy under conditions of the Czech economy confirms the effectiveness of such an approach for inflation modeling in the Czech Republic. The further development of the P-Star model (see Frait, Kom\u00E1rek and Kulh\u00E1nek, 1998) provides the adequate fitting and prediction ability of this modification. More specifically, the a"@en . "160"^^ . . . . "567779" . "\u00DAsp\u011B\u0161n\u00E1 implementace opat\u0159en\u00ED m\u011Bnov\u00E9 politiky v re\u017Eimu c\u00EDlov\u00E1n\u00ED inflace vy\u017Eaduje, aby centr\u00E1ln\u00ED banka disponovala v\u011Brohodn\u00FDmi n\u00E1stroji pro predikci infla\u010Dn\u00EDch tlak\u016F. Jedn\u00EDm z t\u011Bchto n\u00E1stroj\u016F, do n\u011Bho\u017E za\u010Daly b\u00FDt vkl\u00E1d\u00E1ny zna\u010Dn\u00E9 nad\u011Bje od po\u010D\u00E1tku 90. let, je relativn\u011B jednoduch\u00FD model infla\u010Dn\u00ED dynamiky, kter\u00FD b\u00FDv\u00E1 ozna\u010Dov\u00E1n jako P-Star model inflace. Model, kter\u00FD p\u0159edstavuje ur\u010Dit\u00FD redukovan\u00FD tvar vektorov\u00E9ho modelu korekce chyb (VECM, vector error-correction model), p\u0159edpokl\u00E1d\u00E1, \u017Ee dynamika inflace je ur\u010Dov\u00E1na procesem, v r\u00E1mci kter\u00E9ho se skute\u010Dn\u00E1 cenov\u00E1 hladina p\u0159izp\u016Fsobuje dlouhodob\u00E9 rovnov\u00E1\u017En\u00E9 cenov\u00E9 hladin\u011B determinovan\u00E9 v souladu s kvantitativn\u00ED teori\u00ED pen\u011Bz. Aplikace modifikovan\u00E9ho P-Star modelu infla\u010Dn\u00ED dynamiky pro malou otev\u0159enou ekonomiku napodm\u00EDnky \u010Desk\u00E9 ekonomiky potvrdila \u00FA\u010Dinnost tohoto p\u0159\u00EDstupu pro modelov\u00E1n\u00ED inflace v \u010CR. P\u0159i dal\u0161\u00EDm rozpracov\u00E1n\u00ED vlastn\u00ED verze modelu (Frait, Kom\u00E1rek a Kulh\u00E1nek, 1998) bylo dosa\u017Eeno odpov\u00EDdaj\u00EDc\u00ED popisn\u00E9 a predik\u010Dn\u00ED schopnosti modifikovan\u00E9ho P-Star modelu" . . "Inflace a P-Star model v \u010Cesk\u00E9 republice." . "Inflace a P-Star model v \u010Cesk\u00E9 republice."@cs . "Inflation, models of inflation, P* Model, P-Star"@en . . "1"^^ . "Inflation and the P-Star Model in the Czech Republic"@en . . . "Inflation and the P-Star Model in the Czech Republic"@en . "\u00DAsp\u011B\u0161n\u00E1 implementace opat\u0159en\u00ED m\u011Bnov\u00E9 politiky v re\u017Eimu c\u00EDlov\u00E1n\u00ED inflace vy\u017Eaduje, aby centr\u00E1ln\u00ED banka disponovala v\u011Brohodn\u00FDmi n\u00E1stroji pro predikci infla\u010Dn\u00EDch tlak\u016F. Jedn\u00EDm z t\u011Bchto n\u00E1stroj\u016F, do n\u011Bho\u017E za\u010Daly b\u00FDt vkl\u00E1d\u00E1ny zna\u010Dn\u00E9 nad\u011Bje od po\u010D\u00E1tku 90. let, je relativn\u011B jednoduch\u00FD model infla\u010Dn\u00ED dynamiky, kter\u00FD b\u00FDv\u00E1 ozna\u010Dov\u00E1n jako P-Star model inflace. Model, kter\u00FD p\u0159edstavuje ur\u010Dit\u00FD redukovan\u00FD tvar vektorov\u00E9ho modelu korekce chyb (VECM, vector error-correction model), p\u0159edpokl\u00E1d\u00E1, \u017Ee dynamika inflace je ur\u010Dov\u00E1na procesem, v r\u00E1mci kter\u00E9ho se skute\u010Dn\u00E1 cenov\u00E1 hladina p\u0159izp\u016Fsobuje dlouhodob\u00E9 rovnov\u00E1\u017En\u00E9 cenov\u00E9 hladin\u011B determinovan\u00E9 v souladu s kvantitativn\u00ED teori\u00ED pen\u011Bz. Aplikace modifikovan\u00E9ho P-Star modelu infla\u010Dn\u00ED dynamiky pro malou otev\u0159enou ekonomiku napodm\u00EDnky \u010Desk\u00E9 ekonomiky potvrdila \u00FA\u010Dinnost tohoto p\u0159\u00EDstupu pro modelov\u00E1n\u00ED inflace v \u010CR. P\u0159i dal\u0161\u00EDm rozpracov\u00E1n\u00ED vlastn\u00ED verze modelu (Frait, Kom\u00E1rek a Kulh\u00E1nek, 1998) bylo dosa\u017Eeno odpov\u00EDdaj\u00EDc\u00ED popisn\u00E9 a predik\u010Dn\u00ED schopnosti modifikovan\u00E9ho P-Star modelu"@cs . . "[984AEC6326F9]" . "Inflace a P-Star model v \u010Cesk\u00E9 republice."@cs . "1"^^ . "160"^^ . "Inflace a P-Star model v \u010Cesk\u00E9 republice." . . . "Karvin\u00E1" . "80-7248-134-7" . "P(GA402/02/1408)" . "OPF SU Karvin\u00E1" . . . . . "RIV/47813059:19520/04:00000016!RIV/2005/GA0/195205/N" . "19520" . . "KULH\u00C1NEK, Lum\u00EDr" .