Modeling Belarus

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F12%3A00426513" target="_blank" >RIV/67985998:_____/12:00426513 - 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

Modeling Belarus

Original language description

The report has three chapters. Chapter 1 presents the structural macroeconomic model, its changes compared to the May 2010 version, and its properties captured by impulseresponse functions and by variance decompositions of model?s variables in terms of the model shocks. Important is the part on the model-consistent interpretation of the recent economic history of Belarus. The section describing Bayesian vector autoregressions used for the near-term forecasting concludes. Chapter 2 evaluates how the models perform empirically. The forecasting power is assessed using both in-sample and out-of-sample comparisons with the random-walk benchmark. We conclude that the FPAS performs satisfyingly in this comparison. The last chapter provides an overview of theconsiderable country database that has been compiled.

Czech name

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Czech description

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Type

O - Miscellaneous

CEP classification

AH - Economics

OECD FORD branch

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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

Publication year

2012

Confidentiality

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