"There is significant empirical evidence, that introduction of euro led in most of the countries to significant increase of perceived inflation. At the same time there was no rapid increase in prices monitored by official price indexes like HICP (harmonised index of consumer prices). There is a lot of literature and empirical studies trying to explain the motives for increase and persistence of perceived inflation. The new approach to this phenomenon is applied in proposed paper. Authors will test the hypothesis that the increase in perceived inflation has the same effect on consumption as the increase in inflation expectations. When the people expect the prices go up in the future, they adjust their consumer's (saving's) behaviour. Subsequently it may have significant impact on GDP growth." . "Dopad vn\u00EDman\u00E9 inflace v \u010Dlensk\u00FDch st\u00E1tech euroz\u00F3ny na spot\u0159ebu (\u00FAspory)"@cs . . "43110" . "Dopad vn\u00EDman\u00E9 inflace v \u010Dlensk\u00FDch st\u00E1tech euroz\u00F3ny na spot\u0159ebu (\u00FAspory)"@cs . "Impact of perceived inflation growth and persistance in eurozone countries on consumer's (saving's) behavior"@en . . "Z(MSM6215648904)" . "Kapounek, Svatopluk" . "There is significant empirical evidence, that introduction of euro led in most of the countries to significant increase of perceived inflation. At the same time there was no rapid increase in prices monitored by official price indexes like HICP (harmonised index of consumer prices). There is a lot of literature and empirical studies trying to explain the motives for increase and persistence of perceived inflation. The new approach to this phenomenon is applied in proposed paper. Authors will test the hypothesis that the increase in perceived inflation has the same effect on consumption as the increase in inflation expectations. When the people expect the prices go up in the future, they adjust their consumer's (saving's) behaviour. Subsequently it may have significant impact on GDP growth."@en . "perceived inflation; Monetary Integration; consumption function"@en . . "[6724A070726A]" . "RIV/62156489:43110/09:00134703!RIV09-MSM-43110___" . . "30"^^ . "Impact of perceived inflation growth and persistance in eurozone countries on consumer's (saving's) behavior"@en . . . . "Instytut Nauk Ekonomicznych Wydzia\u0142u Prawa, Administracji i Ekonomii Uniwersytetu Wroc\u0142awskiego" . "978-83-61370-08-6" . . . "2"^^ . . "P\u0159\u00EDsp\u011Bvek se zab\u00FDv\u00E1 v\u00FDznamnost\u00ED dopadu zaveden\u00ED eura na vn\u00EDmanou inflaci. Dle ofici\u00E1ln\u00EDch dat statistick\u00FDch \u00FA\u0159ad\u016F se m\u00EDra vn\u00EDman\u00E9 inflace li\u0161\u00ED od inflace skute\u010Dn\u00E9. Auto\u0159i p\u0159\u00EDsp\u011Bvku testuj\u00ED hypot\u00E9zu, \u017Ee vn\u00EDman\u00E1 inflace m\u00E1 negativn\u00ED vliv na spot\u0159ebu, co\u017E m\u016F\u017Ee m\u00EDt v d\u016Fsledku v\u00FDznamn\u00FD vliv na ekonomick\u00FD r\u016Fst."@cs . "2"^^ . "Economic integration in the EU enlarged: from free trade towards monetary union" . "Impact of perceived inflation growth and persistance in eurozone countries on consumer's (saving's) behavior" . . "RIV/62156489:43110/09:00134703" . . . "318617" . . "Impact of perceived inflation growth and persistance in eurozone countries on consumer's (saving's) behavior" . . "Wroc\u0142aw" . . "Lacina, Lubor" .