Fundamentální faktory efektivního kurzu české koruny

Abstract

The goal of this thesis is to find and estimate the influence of chosen fundamental factors to effective exchange rate of the Czech Koruna. In the first part the theoretical approach to the exchange rates and equilibrium exchange rates problematics is described. The second part offers introduction the effective exchange rates of the Czech Koruna and fundamental factors which should theoretically explain them. In the third part there are estimations of linear regression models of fundamental factors influence to effective exchange rates of the Czech Koruna constructed.