Financial accelerator in estimated model: application to the Czech economy

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F11%3A00053048" target="_blank" >RIV/00216224:14560/11:00053048 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
Financial accelerator in estimated model: application to the Czech economy
Original language description
The paper presents results of estimation of New Keynesian DSGE model with financial accelerator. The model is estimated using Bayesian methods on data of Czech economy. The models with and without financial accelerator are assessed how they fit the datausing statistical moments and Bayesian factor. This exercise shows surprising result that the model without financial accelerator performs on data much better than model with it.
Czech name
—
Czech description
—

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)

Publication year
2011
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Mathematical Methods in Economics 2011
ISBN
978-80-7431-058-4
ISSN
—
e-ISSN
—
Number of pages
6
Pages from-to
248-253
Publisher name
University of Economics in Prague, University of Economics in Bratislava
Place of publication
Praha
Event location
Jánská Dolina
Event date
Jan 1, 2011
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
—

Similar results(10)