Capital enhanced equilibrium exchange rate in the Czech Republic and Hungary

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86094814" target="_blank" >RIV/61989100:27510/15:86094814 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Capital enhanced equilibrium exchange rate in the Czech Republic and Hungary

Popis výsledku v původním jazyce

There exist a lot of approaches to calculate equilibrium exchange rate (EER). This paper deals with so called Capital Enhanced Equilibrium Exchange Rate in the Czech Republic and Hungary. Cointegration analysis is used to verify theoretical approaches toreal data. The aim of this article is to construct model of equilibrium exchange rate based on the Purchasing Power Parity theory (PPP) and the Uncovered Interest Parity theory (UIP) in these countries. Significant relationship between selected variables was found in both the Czech Republic and Hungary; and models of EER were made. Periods of under valuated and over valuated exchange rate was described as well. It was found that exchange rates were over valuated in most periods.

Název v anglickém jazyce

Capital enhanced equilibrium exchange rate in the Czech Republic and Hungary

Popis výsledku anglicky

There exist a lot of approaches to calculate equilibrium exchange rate (EER). This paper deals with so called Capital Enhanced Equilibrium Exchange Rate in the Czech Republic and Hungary. Cointegration analysis is used to verify theoretical approaches toreal data. The aim of this article is to construct model of equilibrium exchange rate based on the Purchasing Power Parity theory (PPP) and the Uncovered Interest Parity theory (UIP) in these countries. Significant relationship between selected variables was found in both the Czech Republic and Hungary; and models of EER were made. Periods of under valuated and over valuated exchange rate was described as well. It was found that exchange rates were over valuated in most periods.

Druh

D - Stať ve sborníku

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 statě ve sborníku

Proceedings of the 13th International Conference "ECONOMIC POLICY IN THE EUROPEAN UNION MEMBER COUNTRIES"

ISBN

978-80-248-3796-3

ISSN

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e-ISSN

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Počet stran výsledku

8

Strana od-do

1-8

Název nakladatele

Vysoká škola báňská - Technická univerzita Ostrava

Místo vydání

Ostrava

Místo konání akce

Ostrava

Datum konání akce

2. 9. 2015

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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