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Author: Egon Žižmond Publisher: ISBN: Category : Languages : en Pages : 24
Book Description
The aggregate level of retail prices in Slovenia after its independence was much lower than in Austria. For the average of the sample in 1990, the aggregate price parity was 0.9031 din/ATS and the aggregate level of prices was about 9 % lower (calculated on the basis of the official exchange rate 0.9948 din/ATS) than in Austria. From 1990 to 1994, retail prices in Slovenia increased by 939.6 % and in Austria by 14,7 %. This means tha the aggregate price parity of the sample in 1994 increased to 8.1917 SIT/ATS. According to this calculation, the level of Slovenian prices in 1994 was about 27 % lower (the exchange rate of the Bank of Slovenia 11.2826 SIT/ATS) than in Austria. Also purchasing power of the Slovenian average net wage in Slovenia was much lower than the purchasing power of the Austrian average net wage in Austria. After 1990 it was diminishing and in 1992 reched only 31 % of the Austrian one. Because of the faster growth of Slovenian relative wages in compariosn with the relative growth of retail prices, it increased in 1993 to 35 & and in September 1994 to 37 % of the Austrian one.
Author: Egon Žižmond Publisher: ISBN: Category : Languages : en Pages : 24
Book Description
The aggregate level of retail prices in Slovenia after its independence was much lower than in Austria. For the average of the sample in 1990, the aggregate price parity was 0.9031 din/ATS and the aggregate level of prices was about 9 % lower (calculated on the basis of the official exchange rate 0.9948 din/ATS) than in Austria. From 1990 to 1994, retail prices in Slovenia increased by 939.6 % and in Austria by 14,7 %. This means tha the aggregate price parity of the sample in 1994 increased to 8.1917 SIT/ATS. According to this calculation, the level of Slovenian prices in 1994 was about 27 % lower (the exchange rate of the Bank of Slovenia 11.2826 SIT/ATS) than in Austria. Also purchasing power of the Slovenian average net wage in Slovenia was much lower than the purchasing power of the Austrian average net wage in Austria. After 1990 it was diminishing and in 1992 reched only 31 % of the Austrian one. Because of the faster growth of Slovenian relative wages in compariosn with the relative growth of retail prices, it increased in 1993 to 35 & and in September 1994 to 37 % of the Austrian one.
Author: Egon Žižmond Publisher: ISBN: Category : Languages : en Pages : 24
Book Description
The aggregate level of retail prices in Slovenia is much lower than in Austria. For the average of the sample in February 1992, it was 25% lower (calculated on basis of the official exchange rate) and 35% (resp.) lower (calculated on the basis of the market exchange rate). Also the purchasing power of the Slovene average net wage is much lower than the purchasing power of the average net wage in Austria. After 1987 it was constantly diminishing and in February 1992 reached only a good fifth of the Austrian one (21,2%). Disparities in retail prices in Slovenia have several reasons. The basic reasons are disparities in producer prices (which are due to the undervalued primary factors of production and to insufficient activation of factors of production of higher ranks), the system of turnover taxation and administrative price regulation.
Author: OECD Publisher: OECD Publishing ISBN: 9264054308 Category : Languages : en Pages : 162
Book Description
This 2009 edition of OECD's periodic survey of Slovenia's economy includes chapters discussing restoring a sustainable growth path within the Monetary Union, restoring public finances on a sustainable path and improving efficiency, improving the ...
Author: Egon Žižmond Publisher: ISBN: Category : Languages : en Pages : 17
Book Description
The purpose of investigation was to establish retail price levels in Slovenia after its monetary independence in comparison with corresponding Austrian prices and to estimate the purchasing power of Slovene wages in comparison with the Austrian ones. In 1990, the aggregate level of retail prices in Slovenia was 6.9% lower than in Austria. Since 1990, the aggregate level of retail prices in Slovenia decreased. In 1993 it was 25.8% lower than in Austria. This was the result of faster depreciation of national currency in comparison with the relative price growth. Also the relative purchasing power of the Slovenian average net wage was much lower than the purchasing power of the average net wage in Austria. After 1990 it was constantly diminishing and it 1992 reached only 31.7% of the Austrian one. Because of the faster growth of Slovenian relative wages in comparison with the relative growth of retail prices, it increased in 1993 to 35.9%. In order to maintain the achieved competitiveness, the principal objective for macroeconomic management in 1994 remain controlling inflation. Currently, inflation is still running at 1-2% per month and the danger of sudden rises in inflation and instability is still there. Macroeconomic stabilisation in Slovenia was implemented only through restrictive monetary policy and the floating exchange rate. After the monetary independence real money decreased and had the greatest influence on lowering the inflation rate. To tackle inflation, especially fiscal and wage policies will have to become tight over a sustained period.
Author: Thomas Foscht Publisher: Springer ISBN: 3658070382 Category : Business & Economics Languages : en Pages : 157
Book Description
The aim of EUROPEAN RETAIL RESEARCH is to publish interesting manuscripts of high quality and innovativeness with a focus on retail researchers, retail lecturers, retail students and retail executives. As it has always been, retail executives are part of the target group and the knowledge transfer between retail research and retail management remains a part of the publication’s concept. EUROPEAN RETAIL RESEARCH welcomes manuscripts on original theoretical or conceptual contributions as well as empirical research – based either on large-scale empirical data or on the case-study method. Following the state of the art in retail research, articles on any major issues that concern the general field of retailing and distribution are welcome.
Author: Egon Žižmond Publisher: ISBN: Category : Languages : en Pages : 24
Book Description
The aggregate level of retail prices in Slovenia after its independence was lower than in Italy. For the average of the sample in 1990, the aggregate price parity was 0.7717 din/100 ITL and the aggregate level of prices was 18 % lower (calculated on the basis of the official exchange rate 0.9441 din/100 ITL than in Italy. From 1990 to 1992, relative retail prices in Slovenia increased by 487 %. This means that the aggregate price parity of the sample in 1992 increased to 4.5318 SIT/100 ITL. According to this calculation, the level of Slovenian prices in 1992 was 31 % lower (the exchange rate of the Bank of Slovenia 6.5964 SIT/100 ITL) than in Italy. Quite different were movements of the exchange rate and relative prices after 1992. While tha exchange rate of the Italian lira from 1992 to 1994 increased by 21 %, relative retail prices in Slovenia increased by 46 %. This means that the aggregate price level in Slovenia in 1994 increased: the level of Slovenia prices in 1994 was only 17 % lower than in Italy. Also the purchasing power of the Slovenenian average net wage in Slovenia was much lower than the purchasing power of the Italian net wage in Italy. After 1990 it was diminishing and in 1992 reached the lowest level. Because of the faster growthof Slovenian relative wages in comaprison with the relative growth of retail prices, it increased in 1994 to 38,1 % of the Italian one.
Author: OECD Publisher: OECD Publishing ISBN: 9264699414 Category : Languages : en Pages : 82
Book Description
This report investigates how tax revenue from transport fuels could evolve over time as vehicles rely less on fossil fuels, with a focus on the case study of the Republic of Slovenia. Reducing the reliance on fossil fuels in the transport sector is a welcome development from the perspective of its climate and health impacts and of reduced energy dependence.
Author: Egon Žižmond
Author: Egon Žižmond
Author: Egon Žižmond
Author: Egon Žižmond
Author: Egon Žižmond
Author: OECD
Author: Egon Žižmond
Author: Egon Žižmond
Author: Thomas Foscht
Author: Egon Žižmond
Author: OECD