All

What are you looking for?

All
Projects
Results
Organizations

Quick search

  • Projects supported by TA ČR
  • Excellent projects
  • Projects with the highest public support
  • Current projects

Smart search

  • That is how I find a specific +word
  • That is how I leave the -word out of the results
  • “That is how I can find the whole phrase”

Nonlinear DSGE model of the Czech economy with time-varying parameters

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F13%3A00069277" target="_blank" >RIV/00216224:14560/13:00069277 - isvavai.cz</a>

  • Result on the web

    <a href="https://www.vspj.cz/soubory/download/id/2259" target="_blank" >https://www.vspj.cz/soubory/download/id/2259</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Nonlinear DSGE model of the Czech economy with time-varying parameters

  • Original language description

    In this paper, we study the changes in the structure and behaviour of a small open economy in a period of global recession and subsequent return to the long-run equilibrium. An example of the Czech real economy represented by nonlinear dynamic stochasticmodel of a general equilibrium with financial accelerator is employed to explore this problem. The development of time-varying structural parameters is identified using the second order approximation of a nonlinear DSGE model. The model is estimated with the use of unscented particle filter. It is the prim egoal of this paper to identify the most important changes of the structural parameters and interpret them in terms of behaviour of representative economic agents. We focus on the subset of parameters that are generally considered deep, i.e. time-invariant. Changes of these parameters during the period of global recession would imply that the structure of the economy together with its behaviour changed as a consequence of the recessi

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2013

  • Confidentiality

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

Data specific for result type

  • Article name in the collection

    Proceedings of the 31st International Conference Mathematical Methods in Economics

  • ISBN

    9788087035764

  • ISSN

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    968-973

  • Publisher name

    College of Polytechnics Jihlava

  • Place of publication

    Jihlava

  • Event location

    Jihlava

  • Event date

    Jan 1, 2013

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article