Expectations in a Baseline DSGE Closed Economy Model

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F09%3A00036715" target="_blank" >RIV/00216224:14560/09:00036715 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Expectations in a Baseline DSGE Closed Economy Model

Original language description

In our contribution, we analyze fully anticipated shocks in a medium-scale closed economy DSGE model a compare them to unanticipated shocks. An anticipated shock might bring about significant adjustments of agents' behavior before time when a shock hitsthe economy. From a practical policy side, modelling of anticipated shocks can be a useful tool for a policy forecasting since we admit relevance of rational expectations in reality.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

AH - Economics

OECD FORD branch

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Project

<a href="/en/project/1M0524" target="_blank" >1M0524: Research center on competitiveness of Czech economy</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Publication year

2009

Confidentiality

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

Article name in the collection

Mathematical Methods in Economics 2009

ISBN

978-80-213-1963-9

ISSN

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e-ISSN

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Number of pages

7

Pages from-to

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Publisher name

Czech University of Life Sciences Prague

Place of publication

Praha

Event location

Praha

Event date

Jan 1, 2009

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

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