The Relationship between Monetary Aggregates and Inflation – the Case of the Czech Republic

Based on empirical data, this paper attempts modelling, in general terms, the relationship between money supply and inflation, i.e., the relationship between the inflation rate and monetary aggregates. Our basic idea is to estimate time-shift parameters and, subsequently, a leading indicator that wo...

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Bibliographic Details
Main Authors: Stanislava Hronová, Richard Hindls, Luboš Marek
Format: Article
Language:English
Published: Czech Statistical Office 2023-09-01
Series:Statistika: Statistics and Economy Journal
Subjects:
Online Access:https://www.czso.cz/documents/10180/192164332/32019723q3_hronova_analyses.pdf/c01d83dd-c1e4-4e4a-bb19-11ef06f7238d?version=1.1