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The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F11%3A00426524" target="_blank" >RIV/67985998:_____/11:00426524 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Modeling Kenya

  • Original language description

    The report has three chapters. Chapter 1 summarizes the main features of the Kenyan economy relevant for building the FPAS. Chapter 2 presents the structural macroeconomic model and its properties captured by the decompositions of variances of the model?s variables in terms of the model shocks and by its impulse-response functions. This chapter also describes Bayesian vector autoregressions used for the near-term forecasting. Chapter 3 evaluates how the models perform empirically. The forecasting poweris assessed both in the sample and by using an out-of-the-sample comparison with the standard random-walk benchmark. We conclude that the FPAS performs satisfactorily in this comparison.

  • Czech name

  • Czech description

Classification

  • Type

    O - Miscellaneous

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

    <a href="/en/project/LF11018" target="_blank" >LF11018: Global Forecasting Portal for Developing Countries</a><br>

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2011

  • Confidentiality

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