Pregled bibliografske jedinice broj: 972879
The Effect of Deflation on the Financial Markets Of Croatia and Germany
The Effect of Deflation on the Financial Markets Of Croatia and Germany // Journal of accounting and management, 8 (2018), 1; 47-60 (međunarodna recenzija, članak, znanstveni)
CROSBI ID: 972879 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
The Effect of Deflation on the Financial Markets Of
Croatia and Germany
Autori
Gregurek, Miroslav ; Borecki, Nikša
Izvornik
Journal of accounting and management (1848-137X) 8
(2018), 1;
47-60
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
inflation ; deflation ; capital cost ; CAPM model ; financial markets
Sažetak
In recent years, the term deflation has been frequently mentioned in Croation economic circles. This paper deals with said topic, presenting the influence of deflation and inflation on capital prices in financial markets while taking into account the examples from Croatia and Germany. The goal is to show that annual changes in deflation directly influence capital costs in said markets. The paper is divided into units in a way that starts from defining inflation and deflation, and separating the financial markets by deflation type with examples. It deals with the correlation of interest rates, government bonds and stock prices with nominal and real interest rates. Capital Asset Pricing Model (CAPM) has been selected as a method to check the capital cost deflation impact because it meets the required essential assumptions. The indicated theory is proven by examples throughout the paper.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Ustanove:
Veleučilište s pravom javnosti Baltazar Zaprešić
Profili:
Miroslav Gregurek
(autor)
Citiraj ovu publikaciju:
Uključenost u ostale bibliografske baze podataka::
- European Reference Index for the Humanities and Social Sciences - ERIHPLUS
- CiteFactor
- Academic Scientific Journals
