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Czech and Polish Experience of the Great Recession: DSGE Model Approach

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F15%3A00082342" target="_blank" >RIV/00216224:14560/15:00082342 - isvavai.cz</a>

  • Result on the web

    <a href="http://fim.uhk.cz/hed/images/KOMPLET_2_AG.pdf" target="_blank" >http://fim.uhk.cz/hed/images/KOMPLET_2_AG.pdf</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Czech and Polish Experience of the Great Recession: DSGE Model Approach

  • Original language description

    Inspired by the radically different aftermath of the Great Recession in the Czech and Polish economy, we turn to investigate the structural differences between these two Central European economies. Both the economies are represented by a nonlinear dynamic stochastic model of a small open economy general equilibrium with financial accelerator. First, the DSGE models are estimated using Bayesian methods under the assumption of constant structural parameters. Then, the development of time-varying structural parameters is estimated by particle filter using second order approximation of a nonlinear DSGE model. It is our goal to identify the most significant differences in the underlying structure of the two economies.

  • 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

    2015

  • Confidentiality

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

Data specific for result type

  • Article name in the collection

    Hradec Economic Days 2015 Peer-Reviewed Conference Proceedings

  • ISBN

    9788074355509

  • ISSN

  • e-ISSN

  • Number of pages

    7

  • Pages from-to

    295-301

  • Publisher name

    Gaudeamus

  • Place of publication

    Hradec Králové

  • Event location

    Hradec Králové

  • Event date

    Jan 1, 2015

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article