Analýza vývoje inflace v ČR

Bachelor work is focused on analysis of inflation dynamics in Czech Republic using econometric models. Inflation with its impacts, costs and possibilities of measuring is described in the first part of this work. There is also described influence of Czech national bank on inflation progress and inflation targeting. Part also contains basic econometric models for inflation analysis and models of adaptive expectations. Consequently there is described theory of econometrics analysis, focused on ordinary least squares method. There are also described factors that can negatively influence significance of estimated models. In the concrete it is heteroscedasticity, autocorrelation and multicolinearity. The empirical part contains econometric analysis of inflation in Czech Republic by itself, using models described in theoretical part. There are also used other models, coming out of economic hypothesis. In the end there are selected models for inflation prediction.