Dopady energetické krize na inflaci a životní úroveň v evropských zemích (2014-2024)

This bachelor’s thesis analyzes the impacts of the energy crisis on inflation trends and living standards in 18 selected European countries between 2014 and 2024. The main objective is to evaluate the relationship between energy dependence, energy prices, and selected macroeconomic indicators. The sample of countries is divided into groups with low, medium, and high levels of dependence using tertiles of average energy import dependence. The thesis employs an econometric approach based on panel data with fixed effects and robust errors. The results show that electricity prices have a significant impact on both inflation and household living standards, but this effect may be dampened due to energy dependence. The study confirms the Phillips curve theory and the heterogeneity of European countries. It also confirms the high significance of the crisis in driving inflation across all groups and its nearly negligible impact on living standards.