The empirical analysis of the effects of national monetary policies in the Visegrad countries
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F09%3A00020597" target="_blank" >RIV/61989100:27510/09:00020597 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The empirical analysis of the effects of national monetary policies in the Visegrad countries
Original language description
This paper analyzes the effects of national monetary policy in countries of the Visegrad Group V4 comprising the Czech Republic, Hungary, Poland and Slovakia. We investigate these effects using VAR and the structural VAR (SVAR) models. The empirical analysis covers the period 1999Q1 - 2009Q1. The variables included in the VAR (SVAR) model can be divided into two groups. The first group of exogenous variables contains the GDP and the consumer price index of the euro area and the EURIBOR nominal interestrate. The second group of endogenous domestic variables comprises the output gap, the consumer price index, the three-month interbank interest rate and the nominal NAC/EUR exchange rate. We analyze whether tightening of monetary policy leads to a fall inthe output gap and prices using impulse response functions and we also investigate the behavior (persistence) of national monetary policy shocks on economy in the individual countries of the Visegrad countries.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AM - Pedagogy and education
OECD FORD branch
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Result continuities
Project
Result was created during the realization of more than one project. More information in the Projects tab.
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach
Others
Publication year
2009
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 - 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 Science in Prague
Place of publication
Praha
Event location
Kostelec nad Černými lesy
Event date
Sep 9, 2009
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000275146900018