Purchasing Power Parity in Transition Economies

Pavla Dúbravská

Diplomová práce

Abstract:

The goal of this diploma thesis is to assess purchasing power parity (PPP) under the conditions of transition process. The thesis provides a survey of the purchasing power parity theory and concentrates on the relative version. It outlines main causes of possible deviations and modifications of the model. In the empirical part four transition economies are tested for the PPP theory: the Czech Republic, Hungary, Poland and Slovakia. The diploma thesis concludes with analysis of the role of the exchange rate under conditions of a small open economy. The overall analysis is implemented within the context of real and nominal convergence towards European Union and future accession to the European Monetary Union.

Keywords

Balassa-Samuelson Effect, Convergence, Czech Republic, Exchange Rate, Purchasing Power Parity

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 26. 4. 2007

Obhajoba závěrečné práce

• Obhajoba proběhla 30. 5. 2007
• Vedoucí: Josef Taušer
• Oponent: Anna Kambová

Vysoká škola ekonomická v Praze

Magisterský studijní program / obor:
Mezinárodní ekonomické vztahy / Mezinárodní obchod