An Econometric Model for Prices and Wages with Respect to the Economic Reform in Czechoslovakia

  • Jan Veverka
Conference paper
Part of the Studies in Empirical Economics book series (STUDEMP)

Abstract

The initial stage of the construction and application of price models in Czechoslovakia dates back to the years 1960 to 1965. In the course of time they were improved and represented for the central government an important instrument for the preparation and control of administrative intervention in prices. Leaving aside the purpose for which these models were used, they stimulated the creation of a comparatively solid data base, the compilation of programs for computer processing, and especially initiated a systematic study of problems connected with price and wage modeling.

Keywords

Shoe Monopoly 

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Reference

  1. Tarkka, J. and A. Willman (1985): “The B0F3 Quarterly Model of the Finnish Economy.” Bank of Finland, Helsinky.Google Scholar

Copyright information

© Physica-Verlag Heidelberg 1995

Authors and Affiliations

  • Jan Veverka

There are no affiliations available

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