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Macroeconomic Models of the Cyech Economy and Economies of the other EU Countries

Project goals

The Project deals with macroeconomic modeling or the Czech economy and economies of EU countries. The first part deals with creation, estimation, evaluation of structural modeling of segments of the Czech economy and its use in prediction. Results are compared with a macroeconomic model of the Czech economy of a new Keynesian type, using dynamic optimization and the model is verified for short-term or medium-term prediction. The second part of the Project deals with structural macroeconomic modeling ofsegments of EU countries' economies divided into groups using panel data and estimation by Generalized Method of Moments. Fixed and random effects will be observed and evaluated. Attention will be also paid to the methodology of evaluation of competitiveness of EU countries' economies depending on a convergency process.  The Project results will be published in two monographies, in foreign and domestic magazines and presented at domestic and foreign conferences and seminars.

Keywords

makroekonomický modelmakroekonometrický modeldynamický modelstrukturální modelování

Public support

  • Provider

    Czech Science Foundation

  • Programme

    Standard projects

  • Call for proposals

    Standardní projekty 11 (SGA02008GA-ST)

  • Main participants

  • Contest type

    VS - Public tender

  • Contract ID

    402/08/1015

Alternative language

  • Project name in Czech

    Makroekonomické modely české ekonomiky a dalších ekonomik zemí EU

  • Annotation in Czech

    Projekt si klade 3 hlavní cíle. Prvním je tvorba a verifikace strukturálního makroekonomického modelu ČR a jeho využití pro predikci, druhým cílem je návrh, evaluace a využití dynamického nového keynesiánského modelu ČR. Třetím cílem je strukturální modelování ekonomik zemí EU a sledování efektů.

Scientific branches

  • R&D category

    ZV - Basic research

  • CEP classification - main branch

    AH - Economics

  • CEP - secondary branch

    BB - Applied statistics, operational research

  • CEP - another secondary branch

  • 10103 - Statistics and probability
    50201 - Economic Theory
    50202 - Applied Economics, Econometrics
    50203 - Industrial relations
    50204 - Business and management
    50205 - Accounting
    50206 - Finance

Completed project evaluation

  • Provider evaluation

    U - Uspěl podle zadání (s publikovanými či patentovanými výsledky atd.)

  • Project results evaluation

    The project gone according to plan both in terms of expertise and in terms of disbursement of funds.

Solution timeline

  • Realization period - beginning

    Jan 1, 2008

  • Realization period - end

    Dec 31, 2011

  • Project status

    U - Finished project

  • Latest support payment

    Apr 16, 2011

Data delivery to CEP

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

  • Data delivery code

    CEP12-GA0-GA-U/02:2

  • Data delivery date

    May 2, 2016

Finance

  • Total approved costs

    4,322 thou. CZK

  • Public financial support

    4,322 thou. CZK

  • Other public sources

    0 thou. CZK

  • Non public and foreign sources

    0 thou. CZK

Basic information

Recognised costs

4 322 CZK thou.

Public support

4 322 CZK thou.

100%


Provider

Czech Science Foundation

CEP

AH - Economics

Solution period

01. 01. 2008 - 31. 12. 2011