Naslov
An Expectation of the Rate of Inflation According to Inflation-Unemployment Interaction in Croatia

Autori
Aljinović, Zdravka ; Pivac, Snježana ; Šego Boško ;

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Proceedings of World Academy of Science, Engineering and Technology, Volume 37, / - , 2009, 573-577

Skup
World Congress on Science, Engineering and Technology

Mjesto i datum
Dubai, Ujedinjeni Arapski Emirati, 28.01.2009. - 30.01.2009

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
differencing; inflation; time path; unemployment

Sažetak
According to the interaction of inflation and unemployment, expectation of the rate of inflation in Croatia is estimated. The interaction between inflation and unemployment is shown by model based on three first-order differential i.e. difference equations: Phillips relation, adaptive expectations equation and monetary-policy equation. The resulting equation is second order differential i.e. difference equation which describes the time path of inflation. The data of the rate of inflation and the rate of unemployment are used for parameters estimation. On the basis of the estimated time paths, the stability and convergence analysis is done for the rate of inflation.

Izvorni jezik
Engleski

Znanstvena područja
Matematika, Ekonomija

Napomena
Rad je naknadno objavljen pod istim naslovom u International Journal of Business, Economics, Finance and Management Sciences, Vol. 1, No. 1, 2009, 1-5.

POVEZANOST RADA