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

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F14%3A00075728" target="_blank" >RIV/00216224:14560/14:00075728 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
Nonlinear DSGE model of the Slovak economy with time-varying parameters
Original language description
In this paper, we study the changes in the structure and behaviour of the Slovak economy in a period of the accession to the euro area and the Great recession and subsequent return to the long-run equilibrium. This small and very open economy is represented by nonlinear dynamic stochastic model of a general equilibrium with financial accelerator. The development of time-varying structural parameters is identified with the use of nonlinear particle filter. It is out goal to identify the most important changes in behaviour and underlying structure of the Slovak economy. We also try to determine to what extent was the recent development of the Slovak economy influenced by fluctuating exogenous shocks and what was the relevance of the structural changes.
Czech name
—
Czech description
—

Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the International Scientific Conference QUANTITATIVE METHODS IN ECONOMICS Multiple Criteria Decision Making XVII
ISBN
9788022538688
ISSN
—
e-ISSN
—
Number of pages
6
Pages from-to
292-297
Publisher name
Vydavateľstvo EKONÓM
Place of publication
Bratislava
Event location
Virt, Slovensko
Event date
Jan 1, 2014
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000350272000047

Similar results(10)