The Role of Foreign Sentiment in Small Open Economy

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86094301" target="_blank" >RIV/61989100:27510/15:86094301 - isvavai.cz</a>

Výsledek na webu

<a href="http://www.iises.net/international-journal-of-economic-sciences/publication-5" target="_blank" >http://www.iises.net/international-journal-of-economic-sciences/publication-5</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The Role of Foreign Sentiment in Small Open Economy

Popis výsledku v původním jazyce

The role of foreign sentiment is researched for explaining macroeconomic fluctuations in small open economy. The main goal is to find out whether the domestic variables react to the shocks in the foreign sentiment. Structural vector autoregression modelsare constructed for the Czech Republic and the Slovak Republic including relations between foreign environment and domestic variables. The foreign environment is represented by economic sentiment indicator of euro area as sentiment indicators are available very early. The impact of foreign shocks on domestic variables is examined by impulse response functions. The analysis confirmed that increasing foreign sentiment causes increase in Czech and Slovak GDP and nominal effective exchange rate, the influence on prices is mostly negligible.

Název v anglickém jazyce

The Role of Foreign Sentiment in Small Open Economy

Popis výsledku anglicky

The role of foreign sentiment is researched for explaining macroeconomic fluctuations in small open economy. The main goal is to find out whether the domestic variables react to the shocks in the foreign sentiment. Structural vector autoregression modelsare constructed for the Czech Republic and the Slovak Republic including relations between foreign environment and domestic variables. The foreign environment is represented by economic sentiment indicator of euro area as sentiment indicators are available very early. The impact of foreign shocks on domestic variables is examined by impulse response functions. The analysis confirmed that increasing foreign sentiment causes increase in Czech and Slovak GDP and nominal effective exchange rate, the influence on prices is mostly negligible.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2015

Kód důvěrnosti údajů

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

Název periodika

International Journal of Economic Sciences

ISSN

1804-9796

e-ISSN

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Svazek periodika

4

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

12

Strana od-do

57-68

Kód UT WoS článku

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EID výsledku v databázi Scopus

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