Factors Influencing the Development of the Czech Crown

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F16%3A86098117" target="_blank" >RIV/61989100:27510/16:86098117 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Factors Influencing the Development of the Czech Crown

Original language description

Lots of possible explanations of the development of the exchange rate can be found in the available literature. The aim of this paper is to find which factors influence the development of the Czech currency (measured as real bilateral exchange rate compared to euro area - CZK/EUR expressed in real terms) and to assess periods with overvalued and undervalued exchange rate. A long run relationship among exchange rate, approximation of Balassa-Samuelson effect, short run interest rate differential, government debt differential, terms of trade, government expenditures and domestic and foreign investments has been found using quarterly data for 2000Q1-2015Q3 periods.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

AH - Economics

OECD FORD branch

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Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2016

Confidentiality

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

Article name in the collection

Procedia-Social and Behavioral Science

ISBN

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ISSN

1877-0428

e-ISSN

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Number of pages

9

Pages from-to

3-11

Publisher name

Elsevier

Place of publication

SAN DIEGO

Event location

Brno

Event date

Mar 10, 2016

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000386948700002